BRW
People leveraged to buy at recent prices , expecting ann to say that she flowed & now being hooked up for production !
Well was always to be P & A - you will note that it appears well is not sited on the crest of structure - lots more work to do , but now dealing with a known ( and very big if you ask me ! ) gas field. They will be planning the next hole & will have learned a lot about the area.
You do not need a pretty flare to prove that it will flow. Core samples and logs will help them made the next decisions.
I hold most of mine in the superfund ave cost $2.50. We have a strong partner with expertise - heaps of upside still here !
Cheers
Baraka
why the plummet in share price???, page-6
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