So in summary you say the risk of a non commercial find is huge because if Cua Lo is non commercial the price will fall substantially; and because the price currently isn't reflective of success this also goes to prove there is a huge risk?
I don't understand how you can directly link those two points to the commerciality risk that exists on the ground. This is my whole point of my thesis- what are the risks on the ground that militate against success? If they aren't readily apparent do they really exist?
PS If anyone speaks to or receives an email from Timber7 I would be interested to read some points of discussion raised. Thanks in advance.
GLTA
NEN Price at posting:
29.5¢ Sentiment: LT Buy Disclosure: Held