The reason or one of the reason's why i won't cash out now is because of the oil news.
As it has been stated by a few even the W.A minister , the latest norwesterly.
Just imagine if the DeGolyer and Mac Naughton resource evaluation report has a great definition of just how much and how big this oil find is, forget about the gas.(for now)
It has been stated already this is very similar to what has happened in the US,never in Australia has anyone found SHALE OIL!!!!
K layer. depth x area x flow from 50 meter vertical frac.
To risky to be out at the moment JIMO.
Let me reiterate this is just what the SHALE OIL find could do for NWE. Onshore oil that is.
NO NEED FOR A CR JIMO
cashed out, page-41
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