I wasn't suggesting it's not a buy, hell, I took a long CFD position at 26c yesterday which is risky AF.
Just saying it's better to use previous volumetrics as a very rough guide until they come back with something. You can only fit so much oil into the porespace they were estimating had gas in it. Calling a billion barrels will most likely lead to disappointment the way 300mmbbl OOIP at PS1 did.
20% porosity would have been in the Monte Carlo simulation somewhere probably on the higher-than-middle side given previous results. I think we can be very hopeful here that it's at least a mid case scenario.
Honestly though, I'm just waiting for a hydrocarbon indications in the Milne.
Ann: Dorado-1 Oil Discovery, page-175
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