Ann: Zapato-1ST Drilling Update, page-39

@Flambeau is bringing a huge amount to the table in terms of a differing view.
You don't learn anything in this world by being in an echo chamber so everyone should really embrace all the contrarian views.
I am pretty bullish on MAY and loaded up at the highs and have averaged down to 9.6c. We will see the highs again purely based on what is going to happen with Marti. Zapato is a massive unknown still but there is still a lot to like at these early stages.

I've posted this on other O&G forums before but I was an early investor in Verus / VIL. The MD of that company announced to ASX that a drill programme had exceeded expectations and was the ''best possible outcome for shareholders''. Shareprice spiked from 1c ish to over 10c in a couple of days. It then transpired there was no oil at all and it crashed and burned. Sounds similar to APs protestations about a 'globally significant disovery", no?

Ultimately until there is oil pumping out of the ground everything in O&G is a risk so manage your funds accordingly.