I agree with you. Ignoring Al3 for now, the plan forward is to complete these 2 appraisal wells then consult with their partner and develop a field production plan. Also a decision needs be made to the relevance of 3D. A process that will take time. The market expectation was a gusher with immediate production. How much of this dichotomy can be attributed to AP and how much to fantasy is always going to be opinion. Looking forward now at Al3, it is possible we may get the gusher the market wanted but we may simply get more of the same. The SP will be sobering. Personally I will be sticking around for Al3.
MAY Price at posting:
6.7¢ Sentiment: Buy Disclosure: Held
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