imminent drilling of offshore sydney basin

MMR's spp cap raising ann claims that the drilling of PEP11 is "imminent" . Now I would be very cautious about being out of BUY as my best guess is that MMR have some very progressive announcements coming that will see the project funding and timelines tighten up significantly, very soon, possibly within days imo .
Advent (MMR 80%) have been negotiating jack up rigs and exploring funding for many months now, and I think a funding and timing announcement will come very soon now that a MMR spp has been announced and that part funding route has been chosen .

I bought more BUY near the close along with more MMR/MRRO today . I am very confident that holders of all or either will do very well 'imminently' . This is an uber project that will attract alot of market attention . Early days for the shareprices still .