CND 5.71% 3.3¢ condor energy limited

announcement: what the hell does it mean, page-10

  1. 527 Posts.
    The sp is not on fire - but I dont think it too bad news at all actually. HDR holders might remember when sp plunged after Chinguetti news was released.

    As T-shirt points out - a tight formation does not mean it is not commercial. Modern recovery techniques can be applied cost effectively on on-shore fields. I cant recall the estimated size of the field 90 odd sqr kms ? (actually I thought 27 - but someone else said 90 ) of 20 odd meters. Come in spinner.

    Importantly it also confirms the siesmic interpretation. There is oil down there.....now for the main game.

    good luck to holders. I topped up.
 
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