Too many unknowns - Drilled one hole which was a "significant discovery" and "exceeds pre-drill expectations".
My gut tells me MIN offer was extremely opportunistic...
Lockyer Deep Prospective Resource was 1.1TCF.
2 LD appraisal wells will be drilled in the very near future.
1 NED "exploration" well will be spudded less then 10kms away.
I think your analysis is floored as you assume this is done and dusted - This is only just heating up!
Things are getting exciting if you ask me.
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