Thanks for the post Sav-J, always grounded and insightful (assume you have a geological background?). You mentioned that you would consider Johnstone almost a " wildcat ". As I understand it a wildcat well is considered to be roughly a 10% chance to be a production well (correct me if I'm wrong). From the technical reports released on Johnstone, from your interpretations what chance of success would you put on johnstone ? considering JH/ambrose are pretty optimistic on this well, and more recently upgraded its potential ? Its very interesting that you've put a risk scenario comparing JOhnstone to ooraminna, which you've definately have me agreeing on. Again thanks for the post.
CTP Price at posting:
7.7¢ Sentiment: LT Buy Disclosure: Held
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