The anouncement just released is a great result and is said to confirm the theory of thegreater Murta oil pool...with some qualifications regarding further analysis. However, the discovery of 14metres of Murta sands is excellent. I do not understand why the DST did not test the last 6 meters of the sands. But I am happy now to wait for the final results.
I also notice the large crossing that looks like the last of the Entek shareholding..that should remove a significant overhang from the market and allow ITC to move ahead to closer to its true value. Be interested to hear any other views on the state of play.
regards
DF
The anouncement just released is a great result and is said to...
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