Luckily for me, that VIC/P57 has a Public company attached to it. I found it, and I checked their financials to see how accurate your $30million estimate is...
ASX:TDO 3D OIL LIMITED,
https://public.neats.nopta.gov.au/Title/a461f44f-38eb-4226-baf8-e088361dc592
They projected $18,000,000 for the drill with their NOPTA application (once again a bare bones drill feasability [because later we find out it is a lot more].https://public.neats.nopta.gov.au/Title/a461f44f-38eb-4226-baf8-e088361dc592
We know ASX:TDO only owns a 24.9% interest in VIC/P57...-ASX:TDO 2016 Annual report
They possibly paid about $9,312,429.-ASX:TDO 2016 Annual report
Therefore.... If 24.9% is $9,312,429, then what is 100%? $37,399,313.25 for 1,800m. Therefore, if Advent plans to drill 3150m according to ASX:BPH 08/04/2021 and if David Breeze says doubling the drill depth, doubles the cost (which makes the proportional relationship 1:1) then 3150m would cost $65,448,798.18 So it could be $65-95million lol... still well out of reach (pun intended).
Sunset Date Established and Bearish Summary, page-160
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