Ann: Operations Update, page-196

This is a play that has never been tested - we have nothing to compare this to. So whether it is 30, 40 or 50% Frac juice they need to extract then that is what the play requires. You could in a way call the jv pioneers in this type of play and if they succeed then will be seen as creating the benchmark for other plays to follow. Let’s not forget direct BOD are heavily invested and even recently gave a big show of confidence with the conversion of their options using their own funds.
I am betting that the BOD are going to do everything they can and take all
the time they need to make this a successful play. And I mean ALL THE TIME THEY NEED.. So if you are in this for a quick buck and fast exit you may be close to a knock out blow right about now..IMHO the day to Day movements of the sp is of little interest to the BOD given the end prize they have in their sights - anyway its beer and state of origin time. Sorry for rambling on but needed some quiet time away from kids screaming at me stay strong and I seriously wanted to share a drink with all or some of you soon