Here we go again!, page-10

Gooood morning,

I think a lot people do not realise exactly how large these two discoveries are.
Having been thru the HDR saga, I can see the possibilities here! Hardmano, you were there and I think you are probably thinking same as I am ATM.

We certainly cannot say it is 100% in the bag, but I think we can say (my guess only)
80% there. If both CN and CNE CEO mentioned the "C" word at such an early stage, you can be sure that it's not without foundation. What's more both were independently so.

As for the size, well, little details were released WRT FAN 1, but with SNE 1 (for some reason they released more details, maybe it's because they've already finalised their lease/commercial arrangement already with Senegal or amongst themselves) the reserve is already double to pre-drill prediction; but we are not finished yet! If this is what we can go by, then are we not looking at 3 bil (hoping) rather than the 1.6? So I would guess now that the "1.5 err 1.6" uttered by CN at the preso is no mistake, but a deliberate act; that was only at the first zone at FAN 1, since then they have another 10 odd weeks of drilling further and testing at FAN 1.

AS for quality, well know it's good at least at SNE 1.

Aqua, I probably won't go with your 6 bil (but I hope your right), but my 3 bil is getting there! If they force the SP down, I have an order waiting at 12. Indicative price as I type is 12.5.

KKW

PS I think from memory TLW was up 1+ Pounds with the Ghana news with about a quarter the no of shares of FAR.