Hi Whisky
The secret code is the fact that the document was released at all. Why, when results are imminent, would you explain the requirements for commerciality unless they were about to be met? I have re-read the Q&A this morning and reaffirmed my view. If SNE3 does not confirm connectivity and excellent flow rates I will revisit my promise to bear my derrière in Myer's front window.
Interesting, too, that suddenly the fourth, freebie well is not a given - my reading is that either COP or more likely Cairn is pushing back on the idea. Note, too, Cath opens the door to a slight cost increase if the well does proceed.
FAR is urging shareholders to attend the 15 March presentation in Melbourne. I know one who's going!
OOO
PS: I'm not saying commerciality will be announced immediately.
CN Q&A, page-55
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