Hardman drilling mauritainia sooner than expected , page-10

Towie, my comments for what they're worth:

Mauritania: I hope you're right, it looks good but I understand BlackGold's "lose-lose" perspective : anything BUT a top result from the Chinguetti-2 appraisal well will see the stock get well and truly hammered

Woodada Deep: A total longshot - relevant strata are buried much deeper than at CliffHead, no strong reason to think oil has migrated there (as opposed to the structural high which hosts CliffHead) and reservoir quality could be iffy in any case. Note that none of this got much serious consideration in the Bounty prospectus.

TP-15: Early days, seem to be more prospects in WA-286P. ARQ Target Statement indicates same.

Overall, HDR will fly or fail based almost solely on Mauritania (and perhaps longer term some of the other overseas permit areas), the local stuff is more a distraction than serious value.