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I think they indicated that there are multistacks - see below...

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Jonnylitch

646 Posts.

99

18/12/17

19:42

Post #: 29718641
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Originally posted by Fast&furious ↑

Mate they are the ones selling as they got the shares at .0015. People bought into it at .002 anticipating 50% chance of hitting massive gas pockets. Just read the past week posts. Funny how people can conveniently explained away current sp. We had”significant progress” trading halt. What is so significant about it? They just completed the drill. That’s all. By the way the schedule was supposed to be a month ago according to the clock they had on. So it was a bit of delay. Regarding the gas, I’m damned sure if it is significant they would have announced it instead of waiting for another month using flow test as excuse. I’m sure they would have some pressure gauge to see what pressure of gas they hit if any. Don’t get me wrong I got 10k on this company. I’m just upset that these people should have given more information about the level of gas that was encountered. Whether is one layer or multi stacks as predicted.

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I think they indicated that there are multistacks - see below from today's announcement:

"Multiple, potential sandstone gas reservoirs are indicated"

MPE Price at posting: 0.2¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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