One thing is for sure....
Taipan's opportunity to get a great farminee and a great deal is much better when Brent is over $110 per bbl than is was when Brent was struggling to stay above $100 a little while back. Surely it is discouraging that the end of Q2 timeline was missed. However there must be a good reason for the delay. Remember that Taipan only has a few opportunities to leverage their land holdings and they must maximize these opportunities. You can be sure that Max Birley is not sitting on his hands but rather doing his best to take advantage of the opportune time to maximize the deal. He now has Higher Brent price on his side. However it will boil down to the quality of the resource based on the data collected and the potential farminees view of the level of that quality.
However....hurry up Max