A good, commonsense posting, 'unbeliever'. The Fitzroy trough is what it is all about and many on here have done their research and are holding for that reason alone. Finding oil and gas in the Canning Basin is not guaranteed but at least the research allows us to make 'informed decisions' on why and where we invest. As 'footy' says, these decisions are ours, and ours alone. Also, as 'Cudeco1' (and myself) have stated on numerous occasions, BRU are proving that OBL to drill to a depth of 2700 metres plus, in order to give themselves (and us shareholders) the best chance of finding oil, or dry gas, or better still 'wet' gas.
So, regardless of any bleatings on HC from those who perhaps have not done their research and are simply hoping for a quick buck on the results at the end of a drill bit - my strategy is to hold for the long term and for the 'bigger picture' of proving up the Derby Block.
All the above is my personal opinion. DYOR
OBL Price at posting:
3.7¢ Sentiment: LT Buy Disclosure: Held
