new quarterly report due very soon, page-13

I agree we probably wouldn't drill until next year, but why the 11 months? They don't have to wait until they have finished interp before chasing the rig. Rig tenders could go out anytime. You can also do a fast track processing and interp to try to pin down general location for pad, leaving plenty of time to settle bottom hole location.

However, probably not really relevant as I beleive they will have JV in the bag before further well commitments. This will probably drive timing more than seismic acquisition, processing and interpretation. And this is what will drive the share price. Just look at NSE. No drilling, unproven shale play concept, but good farminee. So I see the oppies easily in the money in time.

Whoever ends up in charge of this mob has some fantastic opportunities ahead of them, no doubt about that.