Yes - you were a critic of ESG's lack of information while the rest of the Crew just howled me down
As this whole scenario seems to have been developed cooperatively it is sure that they have not left much to chance and the Reserves upgrade will be compromised by the problems they probably have been having at Tintsfield - like getting the water out and gas flowing
I propose my draft of what they will likely come up with:
"Due to the problems with Water drawn down we have been unable to achieve a sufficient gas flow which would provide valid data for the Certification process. Consequently we have been unable to derive any valid information that would lead to a Reserves Upgrade based on the Hoskissons seam. Further appraisal work is required."
Why else would STO mention 50c/GJ 3P ? If a big upgrade was coming that metric would expose them. They must be confident that they know the Answer to the Reserves/Resources Upgrade question.
Cheers
ESG Price at posting:
89.0¢ Sentiment: Hold Disclosure: Held
