RIA 0.00% 3.3¢ rialto energy limited

Ann: Weekly Drilling Progress Report , page-14

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  1. 1,668 Posts.
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    Possum,

    Everyone who owns shares iin RIA is pretty p&ssed off including myself, but I don't think it was their crdd or necessarily their geo model. This is the difference between a P10 and a P50. 10% COS of a field being as a big as the P10, this has been proven to not be possible, but as it stands this doesn't say that their geo model is wrong. Of course, if on Wednesday they come back and say UC1 is a dud then I most certainly will agree with you.

    Gazelle-3 has been a PR disaster but the jury remains out on their geo-model in my opinion.
 
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