Better than 50% chance of success?, page-19

To me the 50/50 essentially comes down to the fracking, that's the way it has come across in one of the presentations. Paul Basinski stated that the final tic-tac-toe piece is to do with rock and fluid mechanics and essentially how this will frack.

Though to be honest - he never said what any hurdles were, he never said what the risks were, he basically just stated what kinds of data they look into to best understand how to frack this well.

Though he did state at the end 'this is risky'.

We know the 50/50 isn't directly related to economics. The economics will work at 100+ barrels per day. So it's simply about successfully fracking out those 100+ barrels and then the economics will work.

I'm not sure if you are hinting at what the 50/50 refers to and I am completely missing it?

.....or are you basically saying the 50% doesn't really refer to anything, it is just a number we have been given to not over-do expectations, to keep everyone calm, to under promise and over deliver?. And that everything is pointing to success due to Paul Basinski being in charge and him buying up more land - which is basically telling us this has a far greater chance of success than 50%? Probably more like 99.9%.