They are not happy because this drill is a casino bet 50/50 but at least at the casino you know what money you put on the table. People have already lost 20-30% of this money that they've placed on this table before the outcome because of the actions of the company ?
Who says its 50/50...not from any reports ive read
That aside in the casino you either win big or lose it all...this is not the same unless you hold into binary events ie you could sell now and take a small loss if you want.
The stock may run 30% before hits TD, often punters dont come in untl 2 weeks or so before results...who knows
Or buy right before you think they hit TD and play binary play...imo as I showed yesterday I think paying up to probably 2c is fair value for the risk re COS
Place your bets
Ann: Drilling starts at Booth-1 well in North Perth Basin, page-16
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