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Ann: Sasanof -1 Preparing to Drill Reservoir Section, page-38

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mackeral

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03/06/22

22:28

Post #: 61815160
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Originally posted by bhutos ↑

On a success case it'll probably depend on how they characterize it. There can be a big difference between "we intersected one section of hydrocarbon shows and are evaluating their significance" and "Excellent hydrocarbon shows throughout the reservoir horizons suggest a resource at the higher end of our estimates". Then we'll probably have to wait for the pressure of half the market to finally get to derisk after not getting a good shot prespud or intra-drill for the foot to hit the gas. But obviously it's hard to say. I mean who would have predicted the lack of pre-spud run here?

At the same time beaten down holders might find it hard to imagine what can happen on a successful drill when sentiment really, really turns. Maybe all the selling down of the last week from bigger players derisking means they can't act as much of a brake?
I was just in MAYO and rode at least one parcel from 0.4c to 15c. Sometimes it's hard to believe there can be the upside there that the market is providing. And sometimes it's hard to believe all your money vanished in smoke when a drill dusts. All part of the game. Just got to plan as well as you can and make the best of it as it comes.

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Are U related to GTT adventures somehow?friends perhaps..some one close?
Just curious..
Not saying u are but thought I might put it out there so it's on paper..
Are U a broker??
Well good luck mate
Hope U get what U wished for

GLV Price at posting: 2.1¢ Sentiment: Buy Disclosure: Not Held
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Ann: Sasanof -1 Preparing to Drill Reservoir Section, page-38

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

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Buxton projects new graphite province discovery at WA Narryer play

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

BCI reaches close of funding facility for salt-first part of Mardie project

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

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Ann: Sasanof -1 Preparing to Drill Reservoir Section, page-38

Top Stories

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

Buxton projects new graphite province discovery at WA Narryer play

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

BCI reaches close of funding facility for salt-first part of Mardie project

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Featured News

Buyers (Bids)

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