Seems fair to me to presume that much of the recent selling that we've witnessed was from those that knew about the process this exploration would take, as per the following paragraph on Page 2 of today's announcement;
'The well will evaluate any hydrocarbon bearing reservoirs with wireline logging tools. THE DRILLING PROGRAM DOES NOT INCORPORATE FLOW TESTING OR FLARING OF HYDROCARBONS. Upon conclusion of the drilling activity, the well will be plugged and abandoned as per the approved drilling program and best practice.'
Still there's no concern whatsover for those that have invested with a long term view.
WC8
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- remember .... gas ... highly likely ... yes
remember .... gas ... highly likely ... yes, page-5
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