Range is the most modest of CTP prospects. Success there at...

Range is the most modest of CTP prospects. Success there at volumes outlined in the tender process yields future disposable income of 5 cps full year production. Mereenie / Dingo / Palm Valley existing production delivers 7 cps disposable income full year production. Success at Dukas as outlined by Breakaway Research will give 21.5 cps disposable income full year production. With all three fields producing a P. E. of 5 gives notional share price of $1.15 / $1.25. Prioritising search for replacement gas and fracking unlocking known gas near existing infrastructure success yields least cost production and highest net income increase extending field life. Shareholders / owners are in pivotal moment right now in determining CTP future. Shareholder / owner role is to ensure Board choose most time / cost efficient / highest probability exploration success paths. Annual General Meeting is next formal opportunity to deal with these foundational matters. Shareholders prepare to interrogate Board on these matters and give direct clear guidance to Board at AGM. Analysts will likely be activated by news of new 3 - 5 year gas sales contracts and loan refinancing. Share price will respond to Broker publications.