My warning is that people here are starting to sound like a religious cult "We know it's there" etc. There's 40 percent probability that it's not. My point was that SN acknowledges now 2 days later in this announcement that the conservative view is that the water hit was the GWC. They should have announced this in the released on Monday that is was possible that it was the GWC but that they thought it was a perched water lens. Any independent party would take the conservative position if they were to do a resource estimate based on the WE4 result.
Ann: South Erregulla Update, page-26
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