How do you prepare for the challenges ?
sometimes is a challenge . When the industry is going very well , it ’ s difficult to find good people and get things done at a reasonable cost . At the moment we ’ re in a fortunate position that we ’ re not in peak period for the industry , so it ’ s relatively easy to get good people and carry out sensible work at a reasonable price .
How do you prepare for the challenges ?
Heddle : There are many elements to that . We have to do a lot of forward planning and always be thinking about the 12- to 18-month view .
That encompasses everything , the availability of capital , the availability of these contractors , the drilling seasons themselves , because there ’ s several months a year in Australia that you can ’ t drill in certain areas , because it ’ s just too hot or too wet .
So , it is a question of planning and also having plans in place for the upside and the downside . Whether it ’ s the project itself or the capital markets . At the moment we ’ re in a very fortunate position . From a financing perspective , we have a really good position . That should be enough to see us through most of the next two years .
44 June 2018