if it was good we would know by now, page-23

couple of comments and thinking/questions - feel free to disagree with sound reasons.

Sounds good to me. How and when will it get to 5$ from here ?
From the upcoming announcement (can they tell the size of the reserver and production capability for the whole field) ? - next week ?

or
after they have drilled and hooked up all the wells ?

There is no JORC for oil and gas, so I would imagine the road will be laid out and sp increased at each milestone to $5-%50 dollars in 1-5 years time ?

Also, if they get 30-50k/day from this well, the cashflow will be resolved (12-20million/yr), and you would think the sp would be at least $1-$1.5
based on earnings ?

btw - xan - thanks for the info and care to divulge the forum ?

cheers
MD
turning hindsight to forsight is easy - acting on it is hard