What has been said suggests to me that they are most likely onto a nice little profitable project at Mbelele. I'm personally very comfortable with the technical / exploration risk. Very likely not a duster. Good sample results then good flow rates would cement that.
The main risk for me is financing. Part of that is educating the market. Let's hope they really do have enough in the bank to get the pilot going to prove the flow rates & get an official unconventional discovery out - then maybe they can get financing to get to production on decent terms.
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