WN, have you heard from anyone reputable within the industry that without the degree of testing you consider adequate, we are not worth partnering with, I mean where is this coming from.
Is it not possible that a prospective farm-in partner would be capable of factoring in the risk-reward of a confirmed 1.5 TCF of gas and a further gross prospective 13 TCF of tight gas within the area of evaluation exists within BRU tenements?
Does the in-depth analysis BRU procured from Degolyer & Macnaughton count for nothing?
Partly rhetorical question partly not. What it is that you think an interested party would find dubious about the above claims.
Is it not closer to the truth that the bids received/mooted so far are so opportunistic (given the macro environment) that management would prefer not to give the company away ?
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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1 | 32353 | 6.8¢ |
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Price($) | Vol. | No. |
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7.0¢ | 16171 | 1 |
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2 | 110000 | 0.067 |
5 | 780449 | 0.066 |
6 | 433943 | 0.065 |
7 | 454947 | 0.064 |
Price($) | Vol. | No. |
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0.070 | 16171 | 1 |
0.078 | 58502 | 1 |
0.080 | 154473 | 3 |
0.082 | 173913 | 1 |
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