Yes, It does look special but we need to see the well flow.Just...

Yes, It does look special but we need to see the well flow.

Just do the numbers, the unrisked value per share of this well to AZZ is A$1.54 (as per Wilson's research report). The valuation of the company now and excluding anything for JF-1 is about $A0.60 per share.

I wanna see this baby cranking out 8+MMcf gas a day. Thats about $US22Million a year in revenue and as well that's just the first well. Irrespective of the success or otherwise of the first well, they will drill further holes into this enormous field. Can you imagine 5 wells cranking out $20Million worth a gas a year?

This is the big kahoona. The dicks selling this are either pessimists or were easily spooked by the US market turmoil. This is will fly past $1 with a big flow.