your post mate ..... "I'll leave it to the resident experts to fully interpret the minutiae of the announcement. But it is a big call by JH to talk in terms of a "new oil province". Such a big call,in fact, that I cannot see him making it unless he was 100% certain he was correct as the implications if he is wrong are that he would destroy any credibility with the market.
As to the purpose of the CR - it is pretty clear from the ann.what he intends to do and why he needs the $$$ now.
What we need now is the results of flow testing.
All I can say for now is I'd rather be in than out at this time."
IMPLIED IS THAT THE DIRECTORS ENDORSE THIS ANNOUNCEMENT !!!
Add to My Watchlist
What is My Watchlist?
