Thank you ps1, I had forgotten about that usual condition. My thinking behind my earlier post was that a successful well here could bring almost immediate cash flow as compared to any where else and that a really good result would be a further boost to the proposed eastern pipeline scheme and would fulfill our md' s vision of a central gas hub. Big discoveries in areas not provided with pipelines require money spent on proving up the find before anyone can even think about running pipe lines or all weather road links to get a return. My money is on this prospect for a quick boost to the company finances and future.
CTP Price at posting:
38.5¢ Sentiment: LT Buy Disclosure: Held
