It was a poor announcement Oz, as most of them are, don't think we will see a bump in share price until the problems of the original spud seem to be overcome.
Punters at the moment probably think it is doomed to failure.
Which is pure negative speculation!
It is wait and see at the moment.
You can be sure that others will find out before we do!
If we see a good rise in the SP then that's probably a good sign that the spud issues have been fixed. IMHO
Based on the Indo drill info!
baragatan-1 well to be re-spudded nido petrole, page-47
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