Hi Gryphon,I went to the presentation in Invercargill.All seems...

Hi Gryphon,

I went to the presentation in Invercargill.
All seems quite positive and I would say they have a fair chance of a find. Good to see they have planned to drill quite a lot over next 2 yrs. With a one in 10 strike rate they could well get something commercial. Gas find will be used for generation of electicity (on site) so viable.
I dont hold out any hope for the offshore licence, it just wont happen in the remaining time.

Big prospects mean big returns if they are successful
I'm in for the fun!!

Pixby