how big is 105, page-4

Stapleman, ever since the NSAI assessment came out in 2011 you and I have been saying this could be very big. Subsequent data and current news would seem to suggest this is very much the case.

Richy posted a Bloomberg newswire article that seems to have gone largely unnoticed on the thread. It was very interesting and a possible signpost to what may be at stake here.

The report quoted Canaccord as saying the drill has potential up to 14TCF. By itself that seems to conform with the NSAI high case.

But Canaacord are likely to be the organising broker for the CR. Clearly they are on their sales pitch. Now we know the boys are doing the HK/London trip for 2 weeks. It appears any CR will be a quick placement to instos and sophs.

These guys are not sucked in by"high case" resource figures, they naturally focus on the "best case" or their investment brains trust does.

So why, I ask myself are they saying this could be as big as 14TCF? Could it be that logs and correlation data are suggesting something much bigger than the official "best case" of 4TCF.

I suggest we are going to trounce 4TCF......the question as always is how big.