If we could possibly continue to have a bit more of this till...

If we could possibly continue to have a bit more of this till funds are cleared. Then followed by the decline as resources are proven, That would be the perfect result.
AUSASD=X


In summary to guestimates by Whisky earlier. With a much more efficient drill rig and the knowledge of the field we have already obtained in wildcat wells drilled last year, TD in 30 days would not be unachievable (hence problem free) at the depths being suggested, plus possibly 14 days coring and testing. One million US$ a day plus extra hardware. Best and most realistic case scenario, 50 to 60 million per well.

Top ending at 60 mil US at 16.5% converted at / 70 cents exchange = 12.8 AUD
Movement and spud times between wells should be quite minimal.

Only being very optimistic here because of comments made by the joint venture crystallizing the perfection and seismic simplicity to the SNE field.

In daily life the second time you do something from your inaugural  attempt you become much more efficient, and it's only a frustrating error that will prove otherwise. We will get a lot of bang for buck on this current CR. One has to feel there is a hidden agenda or more to offer, this is not a subliminal message, but one that's been hinted in months gone by. Safety first.

Guaranteed, maybe not. So much closer to the opposite.