they found hydrocarbons, page-22

Let me try and understand this...

They drilled to around 600m and they brought out an ann saying they were dissapointed that they hadn't found gas.

In the same ann, their forward operations state that they were going to continue drilling to 750m. (I believe 826m stated in their previous ann's according to plan)

Were they expecting to find gas at 600m??

The next day, the ann said - oh hang on a minute, we're excited to find some thick porous sandstone stuff which means something.

2 hours later, the ASX issued the suspension.

If the ann said "YET" somewhere in their "we havent found gas" sentence, then there wouldn't be all this hostility...

Let them dig and do more testing for gods sake, give them a chance. They've obviously found something.

Has anyone noticed that they have brought out the recent ann's on working days and not any old random public holiday. I find this to be quite respectful by management.

Suspended coz the management like to drink alcohol - pfft...keep it up.


Brostart & Bruce - drop in for a beer anytime you like!

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Snaggs Opinion Only Based On Personal Interpretation.

DYOR