they have spent $50 million over 5 years drilling these 3 wells all of which are not commercial and do not flow gas
they are all shut in
who are u trying to kid here
it costs them at least 10 mill a well with office costs etc for the year - because it takes them a full year - they only drill one well every 12 to 18 months
DYOR
agree 100 percent with u "BLOKES' we all got sucked in by false misleading reports through out 2010
and nothing has changed
oh did they mention in the latest ann if they had federal approval for the row I know they mentiond surface and state approval without federal approval they cant lay no pipes of any description to flow gas
also the jurasic bone study wasnt mentioned either and that has to be done before federal approval can happen
as I said nothing has changed the same misleading the market by omiting information which proves no pipes no gas plant
all imo
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