bas, page-9

re: bas and 3-d modelling Zakka,

You're probably right that "we should not have much more news apart from the weekend evalaution of data...." and that's not really important is it?

I mean it will only tell us irrelevant info such as whether we are looking at gas or oil, how many layers have been encountered, whether the HC's in these layers are of commercial significance, what the gross and net producible meterage might be and so on.....

But we don't really need this info as we already know this is a bonanza oil producer because there were oil and gas shows yesterday. Isn't that how it works????

Oh yeah, and Paterson's have a $1.70 price target on it. I even hear that they've printed it in colour so it must be true.

Cheers

Badfish

I don't hold but think that those who do should temper their enthusiasm with a little reality. It might be a 120mmbo recoverable producer or it might be non-commercial. At this point we don't know so talking prices and future value might just be a little premature. Good luck to holder either way.