GFS 0.00% 0.2¢ gasfields limited

Ann: Trading Halt, page-55

  1. 39 Posts.
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    I'm only going off what Nathan Featherby said himself, successful drill expects commercial flow. Now, whether or not that's the case, who knows, that's what he said though.
    The last part of the previous post is my take on it.
    Sacgasco's director said CRC is in the red with their financiers and have sold all of their drills etc and have been told no more drilling. So, if you were broke with no drilling equipment but had money in the ground, what would you do? Yep me too, find someone with a shovel.
    Read into it what you want, they need a successful drill, and that statement is pretty vague as well.
    What's a successful drill? I'm assuming, one that finds what they're looking for.
 
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