HDR hardman resources limited

1 million crossed at 2.07, page-4

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    re: 1 million crossed at 2.07 still 4c abitrage Any potential preditor would have been waiting for the Hdr document released on 15th and probably for next Tuesdays drilling reports in both Uganda and Mauritania. I believe Ching isn't all that relevant. Final reserves might not decrease as much as the possible 50% from phase one.Even if they do ,future production from identified fields will more than make up from possible lost total production from Ching. Too much negativity in my humble opinion! More drilling at Ching could likely increase production back to 75000 b/d.Not as cost effectife as if phase 1 had been successful but could easily end up as a minor blip on the screen.
 
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