re: why buy before spud works
I don't think you will find many traders who are prepared to wait 6 months for the chance, and only a chance, to double their money.
Most can't wait 2 days to do another deal.
And there is a large profit to be made if Gilbert 1 comes in. I would rather take the discovery profit or small loss if it doesn't come off. The risk for reward looks very good.
GOP
gippsland offshore petroleum limited
