Great post OldGeo - thanks for taking the time to pull together the table and potential dates.
I also hold the view that having planned target dates for deliverables and management hitting those dates (allowing for say a month of slippage at most) is going to be crucial to building market confidence and in turn, share price appreciation. I like that you have considered the activities needed after 'first gas' to account for the decline in flow rates - would like to see management start to provide their thoughts on the options they have to address these types of questions once the reserve upgrades come through. Not having much experience in the type of information released as new fields come online, is it reasonable to expect that at some point we will get detailed modelling released on the expected life and production of the field over time?
Thanks again.
MEL Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held
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