Strange that there has been little reaction to Lance Grimstone's...

Strange that there has been little reaction to Lance Grimstone's investor presentation released yesterday afternoon (not sure why they chose to release it at 3:40?)

It has always been pretty hard to work out just how close/far from all the current CSG action that the Tambo tenements that LOD hold are....but page 24 of the presentation shows EPC 1789 bordering right on to the Don Juan (BOW 55% & VPE 45%) CSG field and next to that is Lacerta (SHG now BG) CSG field.

Not a bad position to be in with Lacerta having 469 PJs of 2P and 1097 PJs 3P and Don Juan 34 PJs of 2P and 190 PJs of 3P.

EPC 1623 is also located just to the west of these two - high hopes for this tenement also.

Let's hope that EPC1789 and EPC1623 are a further westerly extension of these gas fields.