Great reassuring and supportive post, would be good to see these more often than the usual posts telling anxious investors to eat a cup of concrete.
An exploration well is used to explore... and that is what was done, very successfully. The only error made, was to tell the public that we would be producing from such a well.
As much as I would like to double down at these levels, I think I will wait for oil confirmation at zapato. Confirmation of oil will correct the chart and ensure future profit. Whereas a duster would put the SP on a super sale and the oppies would almost be free.
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Ann: Preparations underway for start of Zapato-1 exploration well, page-376
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