Hi All
Not big news (half expected) and delighted we are moving on to the real action (the horizontal section) and to re-enter the Abiod Reservoir from a different location, and this time they will get the depth right and use the right mud for oil shows.
Also delighted to see the Horizontal is being extended and they are prepared to go c850m. I suspect this section will take at least a week to 10 days .... and then the fracking which is the primary purpose of this well. We all know oil down here in this reservoir needs to be fracked, hence the failure of the samples last week.
I also expect the price at this level will spook (if not terrify !) "all" short term investors ... so take your time, lots of room and lots of bargains.
Good hunting
- Forums
- ASX - By Stock
- JKA
- announcement?
announcement?, page-8
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add JKA (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online