oil or no oil?, page-6

Thanks Drumo. "Flow testing will begin after independent evaluation and analysis of the logs are completed by Schlumberger."
So, Schlumberger have to analyse over 4,000 ft of logs , they have to report to LAR, THEN an independent evaluation of that analysis, THEN a decision to flow test, then a flow test!! We are just 19 days after T.D. and we expect that all of that has already taken place and "mates" are being positioned for a killing at our expense??? Seriously!!!

Is it not unreasonable to think that Atzam5 is not the only well that Schlumberger, a world leader in this field, and/or the "independent" analyst, might just have other work on hand and not read HC and drop everything else to do all the Atzam5 work, in far away Guatamala, "Immediately"?

I'm not being provocative and am just as keen to get those results as everyone else, but, to criticize and damn our company management, with absolutely no knowledge of what is actually happening, is, IMO, way unreasonable.

They did not call a T.H. for the log results in A4 and only provided that information when they got a speeding ticket from the ASX after increased volume. But, they have told us how they report and that's where we are now, waiting.

And why call a Trading Halt when there is NO TRADING. NOBODY is BUYING or selling, so, it's not as if this lack of news is causing unsupported speculation on the market, for which T.H.'s are used.
I guess that we have all read previous announcements and those on Atzam4 and I'm pretty sure that they have already TOLD us what those logs will contain, now, with the complications that they definitely experienced in Atzam4, they don't want to make those same mistakes again and are dotting every "i" and crossing every "t".

I am VERY comfortable thinking that Atzam5 is an absolute cracker and have continued to accumulate at these prices (thanks)and thanks to the likes of Oilman01, I've got a pretty good idea what's in Atzam5, so, I'm happy to wait to see the conformation of that.
Management will need all the written reports from Schlumberger and the independent analyst to support an application to the banks if they require funding for ongoing drilling and development costs, so, they don't want to stuff that up by just trying to satisfy an impatient lot of shareholders.

Unless, of course, you do want them to stuff it up like happened in A4 and continue to rely on "mates" to keep going????