Ann: Gibb Maitland No.1 Weekly Drilling Update , page-38

re: Ann: Gibb Maitland No.1 Weekly Drilling U... There's no doubt that NSE is a highly speculative stock. The chances are fair that we hit nothing again; it's just a question of the balance of probabilities and risk/reward if NSE do hit something.

The market is already pricing Goldwyer as worth nothing and the drilling is mostly paid for by COP. Therefore I think it's worth the punt - it may not come off but I can afford to lose all the money I have in this stock (although I'd really rather not).