Looking good?, page-51

Yes BG the board have a heap of announcements to release for us to be relieved of our increasing anxiety.
First off is an extension to the licence PEL 87. This is the critical step on which all else depends.
Next we need an experienced major partner to take a majority control, about 55%, leaving us with perhaps 20%.
Simultaneosly a contract for a 3D and processing timetable would set the exploration in motion.
We could then look to maybee late 2023 for a first drill.
Costs for this 2023 phase would be part of the contract covered by the new partner.
Given the delays and complexity of all this, the board are likely heavily committed and loarhe to release only snippets of information.
The final coup will be the cash component of any agreement and the recent $100 million payment for a less promising tract than ours, gives hope for a happy Xmas.