re: 15% +++ bluesky breakout potential +++ Sabre (me ol mate LOL) , roughly speaking , IF Gilbert-1 indeed hits oil , AND it can be proved up to 50mmbo (mid range)recoverable THEN the shares will be at least 2 bucks..
25mmbo net to GOP at AU$10/bbl 'inground'
117,250,000 shares fully diluted
This is about as wild a punt as you get (the downside is quite large) but much better odds than Tatts ;)
Enjoy the ride !!
SALTY
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gippsland offshore petroleum limited
gilbert-1 best bets gopo/gop, page-34
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