CND 7.14% 3.0¢ condor energy limited

Ann: Sasanof - 1 Well Result, page-9

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  1. 4,044 Posts.
    lightbulb Created with Sketch. 1418
    How did the market know this, ... not just this morning, but for weeks.
    There was never any buildup or run in SP leading into drill.
    COS looked good, nearology, announcements all indicated confidence, yet the MC sat at $40million for a 7 tcf prospect.
    People in the industry must have seen through the announcements, knowing it was a dud, but how?
    (sentiment was held, up until 5 minutes ago)
 
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