success rate?, page-4

No matter what news they release the share price falters.No doubt it will get back to $1.00 plus levels however what is needed is details of cash flows and information re cost of drilling wells. Everyone seems perturbed by the cost of drilling. I know I will be satisfied with 115 wells producing upwards of $AU300,000 to $AU500,000 for the next 20 years.That is spacing the wells at 1 well to 40 acres whereas a previous report indicated that they should be 20 acres apart.In 5000 acres thats 125 or 250 wells. Wait while the option is exercised on furthur 25,000 acres. At a meeting of US partner in Perth last year their belief was that every well would be productive.Sit back, be patient and look to the future