BUY 25.0% 0.5¢ bounty oil & gas nl

Woooo hoooo Go Bounty :)$$$$, page-33

  1. 145 Posts.
    lightbulb Created with Sketch. 167
    Hi Sam,

    I believe I have read this figure from a report released and spoken about by David Breeze (suspect that I saw it on the BPH thread some time back) that quoted - from memory - that there was a success rate of near 79% from similar drilling targets to that facing PEP-11 now. The 21% chance of failure is just the reverse of that.
    79%, in drilling terms, is exceptionally high. In the older days, a wild cat could be a 10% chance.

    Remember, Sam. No matter what anyone tells you, there is no such thing as a certainty in this game if you are targeting an area that has not already produced the goods. The outlook for PEP-11 is good but the jury won't report until the drill bit finishes spinning.


 
watchlist Created with Sketch. Add BUY (ASX) to my watchlist
(20min delay)
Last
0.5¢
Change
0.001(25.0%)
Mkt cap ! $7.492M
Open High Low Value Volume
0.5¢ 0.5¢ 0.5¢ $2.5K 500K

Buyers (Bids)

No. Vol. Price($)
16 5462997 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 1559709 5
View Market Depth
Last trade - 10.00am 09/08/2024 (20 minute delay) ?
BUY (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.