Ann: Fausse Point and Verus Update , page-11

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  1. 2,083 Posts.
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    jase,

    I don't agree. I think the announcement has a fair bit of new detail in it.

    - you now know how many holes in the 10' section they perforated.
    - you also know they plan to perforate more
    - you know a second well is planned (Verus have never stated this previously)
    - you have confirmation they have finance package options on the table
    - you have confirmation they are looking at other investment prospects
    - you know the road and infrastructure development is on track
    - you know they are expecting better flow rates once they re-commence testing.

    All of this has previously been only speculation. You now know it as fact. I figure this should help steady the nerves.

 
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