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12.5% 0.9¢ talius group limited

advance to drill 1m boe target

  1. lassatter
    378 Posts.
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    20/09/07
    11:56
    Post #: 2821310
    Announcement just out on Motherlode 3

    4 low risk wells to be drilled early 08 targeting estimated reserves of in excess 1,000,000 boe.
    That adds up 2 some pretty serious $$$

    I think the key here is low risk - high payoff
    with the level of sucess that these guys have drilling this should add hansomely to Co position in both reserves and cash IMO

    more good news
    AVD Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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