I am interested in everyone's thoughts.I believe Obl will become...

I am interested in everyone's thoughts.

I believe Obl will become operator and exercise their rights on the MOU with Backreef Oil. This predates any agreement Backreef Oil has with Buru.

The grant triggers $1.75 million from OXX. It enables Obl to get 37.5% Backreef Oil 37.5% and OXX 25%.

The grant gives certainty to a cornerstone and can be used to change the percentages again.

OBL becomes a valuable and cheap buy for the likes of Buru, Fortescue, fund managers etc and will be a sitting duck to get taken over.

OBL's starts program for Derby Block.

OBL's share price goes over 4c and options get exercised in June.

There is many possible outcomes and it will be exciting. What do others see as the outcome because this is what we have been waiting for?

The grant is literally on our doorstep awaiting the door to open.