Pretty aggressive presentation. In some ways good to see the optimistic confident style returning to these events.
I remain concerned about funding for the drilling. I would have seriously hoped there was some kind of firm commitment prior to committing to a specific date. Perhaps we are still waiting for official Presidential signature before that can be finalized. But if Ray is "shopping" the deal that's a pretty huge risk.
Interesting to note that E-Seis is just a couple floors up from Hyperdynamics offices, so not not hard to figure out where that connection came from. I see their work cited in a few places so not an upstart technology it seems.
Also good to see "working" management being added. Sometimes executives are so removed from the process in large companies that they can't function when they move to smaller, more nimble, operations.
Finally, I still see comments around hoping the company will team up with a major. Unless it is strictly a cash investment, I think this would be a bad scenario as hyper needs to move quickly and efficiently towards drilling. They also need to remain flexible in their options in case of further adversity. Giant corporate partners are not the best fit for this IMHO.
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