What you say makes some sense but the simple fact of the matter is that we just don't know much at all other than oil/gas in place. In my opinion HDR and the joint-venture are doing their respective share prices an injustice not releasing information to the market and the question begs to be asked, why? At this stage we don't even know what play-type Banda is let alone been given a siesmic/gelogocal gross-section, information has been so limited this time around. Also the market is so different to last year and as someone else posted previously this market will NOT value the real potential of Mauritania into the share price, at least not in the short term. Still todays news greatly encourages me as a long-term holder.
Regards
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