agree kiwi geo it would be an extremely high risk play, but I guess NZO are happy to participate in further investigation without an absolute commitment to drill. Cutter result would be bad and good, bad as it reduces the regional potential but good in that it adds a small additional piece of information and (I suppose) will help better calibrate regional modelling. Even if they end up drilling there's no reason why NZO couldn't consider farming down their share dependent on risk and cost exposure.
NZO Price at posting:
$1.16 Sentiment: Hold Disclosure: Held
