Don't mind the taking the hit whilst waiting for certainty ... cause the consequences of a dud well are catastrophic ... If a strong result the rally will continue for many weeks ... I call an insurance premium. Especially important if taking a large position. So lets see what the Company announces ... I believe the odds were 1:5 for a successful well hitting Large Qty of flowing hydrocarbon (Oil or gas)... the odds may have shorted slightly with oil shows maybe 1:4 ? .... Still long odds on success... Would you commit a large wad of your hard earned on 1 is to 4 probability ... some here have done so and hats off to them ..I hope it comes off.
All is IMHO Only DYOR
how long does it take ..., page-18
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