Why the sell off, page-36

Hi gents, I am a long time follower and first time poster.

In regards to the risk / success chance, I attended the AGM last year and asked Scott to clarify the in-ground risk for me. I had read that there was an 11% chance of a discovery, however I had also read that the source rocks indicated that there was 100% chance for gas, so I wasn't exactly sure what to make of those numbers... Basically the response was, with that type of announcement, the rating is limited to a particular range, and if I remember correctly 12% being the highest limit. So 11% was one of the better results considering the limited range.

As Chrimata has pointed out in a previous post, the gas is there, or its not and I don't think Brent would be on board if he thought this was a dud. There are many positive indicators with the new data which is shown in the latest presentation and the shear size of the target will have some Tier 1 partners sniffing around for sure.

We will never know until the drill hits the ground, but I am quietly confident.