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halifax-1 outlook & hc members views re icn sp, page-3

  1. 22,116 Posts.
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    We are just days away from what could be the "company maker" flow rates from Halifax-1 and I had to dig down 27 posts to get to something that even sounded slightly positive. It at least had the name halifax-1 in it.

    It is incredible the damage that can be done by an idiot "analyst" that happens to multiply half numbers by old numbers. Quite incredible, yet, here we are, $300 million wiped off BPT's market cap, 20% drop in their and our S.P. and back to doom and gloom. And no retraction, or amendment by that "analyst".

    Yet, they pump up a so called $200TRILLION oil find in the Arkaringa Basin that the S.A. government Dept of Resources has know about for donkey's years and will probably still be in the ground when we are all in coffins. Bleeding amazing, when we see shale gas actually being sold commercially, right now, by Santos from Moomba-191 and "analysts" and reporters saying that Moonta "results" have set back shale gas commerciality for years!!
    Possibly 600TCF, with a recoverability of 25%, just in 218 and 855 alone, with contracts currently being signed at the rate of $10-$16 Billion per TCF, with delivery as soon as 2014!!!

    And the market dumps shale gas companies that could soon declare the commencement of an entirely new industry in Australia that will mirror what has happened in the U.S. which has completely transformed the U.S. energy story and will be a huge catalyst to their economic turnaround.

    And all that damage done by incompetent "analysis". Let's all pray that Reg and Ray can stick it right up all of those so called reporters and analysts with a bumper result from Halifax-1!!!! I would expect to see something coming from Halifax-1 within the week.

 
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