Hello There Mr AJ,
Don't know about $12 & $5 would probably be stretching it a little but you never know.....Be great to see a hit in the second & main targets at Sugarloaf & excitement is goodly atm...
Hopefully testing won't drag out too long if the main target is a hit.....
Why sell..I'm with you...28m at minimum to test is worth waiting for & NewT will support the price a little if its a dud....& we still have two more targets to come as a bit of a free ride....:)
Mr Doodle, you'd have to admit that producing fields in general vicinity & current shows (although un-related to lower depth targets) are a good indication of general prosperity of the area.....
Personally I wish they had stopped to test the 28m so we knew if we were on a winner or not.....Guess saving cash for the company is a prudent way of doing business, so can't complain .....
I'm guessing if the fabled Couch report is correct that they have encountered heavy gas & or oil shows... ???....(I know nill about Couch & are trying not to put any weighting to this report).
Everything tells me that Sugar is one of the better punts around at the mo.....
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