That will be because the millionaires factory have done the calculation of 87% of wells drilled in the region were successful. They understand that WDS only have to spend $US60 million approx for a crack at owning 56% of a potential resource of 40,000,000,000 barrels and at $US5 per barrel.
Current value of WDS - $AUD51.5 Billion
Value of WDS if above scenario plays out (40,000,000,000 x $US5 x 56%) approx $US112B.
Admitted there are a few ducks that have to line up but you would surely want to have a roll of that dice.
That will be because the millionaires factory have done the...
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