Szaba, you are talking about a toss of the coin here that DB's 850mboo becomes reality.
A prospective resource is just that, prospective.
A well has already been drilled in A2 and come up dud.
The proposed well Samo is not that far from the dud well.
FAR by the way don't have the cash to go this well alone unless they come once again to the market.
No RISC report because IMO they have been told to pull their heads in.
What's the CNOOC agreement for?
They should have jumped in on A2/5 quick smart.
Why even open a data room?
DB...the reason the prospective resource was double anticipated in SNE1 was because they hit a 100m column.
There are NO guarantees with this well as shown with the last well on SNE which shows a fault which says its a different field and not connected.
If FAR put all their eggs in one basket with Samo it will tell me they have lost the plot.
Desperate times I think and maybe I should sell the other 25% and put it in the other one which is powering ahead.
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