Unfortunately when you work in the industry this is exactly what the announcement would mean if you read it. This is why I was so perplexed when the price dropped. Too many years of living the jargon and you forget how to put it into English, so to speak. After reading doubtit summary the penny dropped, so to speak. The change to a vertical well is based on the geology and yes to me the schematics evidence that there are different zones they wish to test and vertical is the best method, I can't stress how good this is, horizontal wells are a pain in the back and expensive, require more time and expertise with directional drillers etc etc. This is such good news folks, it's a conventional schematic, I'm struggling to get my head around the asx and lse drops? It's not based on the formation, is it fickle market sentiment or the sell into the news process?
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