Afraid you may be right dargie. Coming from BHP Phil has...

Afraid you may be right dargie. Coming from BHP Phil has underestimated the task at hand given the small funds available. A major would just come in and drill drill drill.IMO , 63 and 58 will just expire. A major will pick them up down the track and see whats there at a later date. This probably explains Phil trekking around the country side looking for smaller affordable projects which once Galoc 2 is pumping along with West Linipacan Nido can handle. There is no budget for 54A as and KIK have nothing as opposed to a free carry by Viking there so that's on the back burner.The doors are slowly closing in on Phil and opportunities for Nido in the medium term, and you can sense a bit of negativity in the last interview and announcement. Our Mr 20% is an opportunist and he would be loving this. IMO only of course. Most thisnk he is a passive investor, I still doubt that.