Things a bit clearer. It was an impressive achievement for May just to reach the TD they achieved without an incident that risked the safety of the workers or produced a nasty environmental accident. I think if the company had been clearer on the fact that long form testing via a new appraisal well is the normal procedure and that short form testing from the exploration well was a bit cheeky but worth a try before moving the rig, then we not have had the sell off. Failure to achieve the tests given the pressures encountered would not have caused so many cases of freshly brown underpants. Now we are awaiting a plan to commercialise what we have with a more conventional time frame and with the capability of the JV getting it done without further shareholder dilution. Just the sort of thing that the market likes to hear. And to think that the current SP really only reflects the upper sheet A1 prospective resource which was not even anticipated and is additional to the target find’s awaiting certification! Small cap hubris creates great buying opportunity along the way.
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