50% of 32m = 16m.
Most if not all exploration holes are aimed at discovery not explotation of the field. They drill the position of the target that has the highest probability of finding oil. Other parts of the target may be (and probably are) thicker but have higher risk at the discovery stage.
G
- Forums
- ASX - By Stock
- HDR
- 32m - is that significant?
HDR
hardman resources limited
32m - is that significant?, page-3
-
- There are more pages in this discussion • 24 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)