mauritanian drilling update almost unchanged, page-11

re: where are all the bkp rampers Still holding and waiting for deeper zone to yield its secrets.
I think the market is placing too much emphasis on the reports of no shows so far between 2 main targets. Had the company not originally stated that there was a possibility of oil between the targets, I think most people would see the drilling going to plan. The first target gives some hope as does the yet to be reached lower level.
Instead of seeing anything in between as a bonus the market now treats it as a negative.

There is still a high possibility that despite some oil being found it wont be sufficient to be a winner,but still other opportunities in the pipeline so current sp seems quite reasonable. Options appear to be expensive imo.