Yep, we must have more than our fair share of stale bulls by now. The risk has been demonstrated by the recent drilling issues and schedule overruns, I can imagine there would be many people who still see too much technical risk in the operation. It is in the decidedly 'risky' end of the investment spectrum, but a closer look reveals GDY as having every single variable required for successful commercial exploitation of their thermal resource.
From my perspective, this news says Origin are virtually sure the Cooper Basin project is extremely attractive, being both technically and financially viable.
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