CTP 0.00% 4.9¢ central petroleum limited

how come 300% more than expected?

  1. 939 Posts.
    I know a lot will hate me for this post on the eve of a new trading day after very positive news BUT! _

    How come the last hole produced 300% more than expected!!?

    Like how good is the siesmic and other research data correlation with actual results??

    I dont get it!! Surely the original 40M of projected coal was based on Siesmic?? Wasnt it?? If so how good is siesmic??

    Can any savvy Geo or Siesmic person answer why last result was so far above projection???

    Yes I know I can hear people saying now "Who cares?" Well I do as I would like to think the massive amount being spent on current siesmic is justified in view of last hole being well over projectionsand would like to think future projected results have some solid foundation!!.

    How good is current day siesmic??
 
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