Am happy to give my opinion when asked.
You guys are in Dreamworld on Whicher. If you think 10mcf a day from the various wells is then a simple straight forward development, ha ha ha -do you write your own jokes or were you simply born stupid.
They are miles away from a development. And what happens when it comes time to drill the development wells for more production. How much did the well just gone cost to drill - A$7-10M? At the price of gas in WA, you cannot keep on sinking that amount of dosh into a marginal development.
In my opinion, the Whicher thing is a millstone and I will not re-enter until they sort this.
As for Turkey, I am still quite happy with what they are doing there, but sales now really need to start increasing (at least double) from the new hook ups going on at present, otherwise it is only going to be marginally economic.
And as for AYOO - when the music stops, someone willbe left holding the parcel. GIVE YOU MONEY TO CHARITY YOU FOOLS.
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