I think we know the facts. I don't think the THP has had any impact on the SP.
We know the facts. We know how much oil they have found and we're expecting a small to average
increase.
I do however think that a lot of us expect a multi-billion barrels field and I personally think it is very likely that 'we will get there', however, I think it will take time.
What I would like to see is all the pending announcements to be announced. This, I hope will boost the SP into the teens and hopefully either free carried wells or a greater overall holding % of the field. Then resume drilling and hopefully find more oil and prove up the existing resource estimates = increase company wealth.
Ele.
Phillip's PE squared conundrum, page-54
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