The oil/gas game has and always will be a game of patience....

The oil/gas game has and always will be a game of patience. Delays are the norm, even if the company is a major.

It does not alter the outcome it just takes longer than initially anticipated.

Right now we have an undeveloped discovery of seemingly good size but yet to be defined. The market will find it difficult to value the share while the resource size is undetermined. But as each future stage completes the sp will trend to recognize the value added from testing and analysis.

My own bias is that we will see incremental shifts in value along the way but the process is likely to be long term in nature.