what if , page-3

"As far as Redhill negotiations are concerned we are
satisfied with the progress of farm-out discussions.
Whilst these discussions continue, we are advancing the planning process to gain the necessary approvals to meet Q4 drilling."

negotiations,discussions,----S means not only 1 party, competition.

" process to gain the necessary approvals to meet Q4 drilling." means drilling site and method had been finalized ---This is why I think the deal can be done soon.

NWE put this special note to remind the TP/15 farmout progress, this for me, means there are some positive results NWE has achieved.

d_crome, I think you already sold your shares, may be right may be just miss the rocket, however I think as drilling Redhill costs only 2-3 million, farm-out in fact no problem.

The problem is our board always expects more benefits, they donot wanna unersell.

As they also hold 35 million shares, parties are still interested for TP/15, I believe the agreement will come soon, either this week or next week.