what if..., page-7

What you are saying is the same that can be said for all spec stocks. So, no risk, no gain.

The difference here is that the preliminary EORI report showed a) the reserve, b) a method for getting the oil out of the ground and c) some economics and the conclusions was Grieve was a goer. The final report would have to deviate considerably, i.e. assumptions would have to be found substantially wrong, etc. for the first report to be reversed!

However, historical and geological data from the Grieve area shows that there is actually little risk and that the economics is the only major factor in this play.

Still we have to wait for the actual outcome/s...