So if I understand correctly you are saying that A1/A3 zones doesn't necessarily equal the zones from the Marti wells? And therefore we cannot say for sure it will be a high api like some people on this forum claim?
... 100% Mike ... and don't take my word for it, take the MAY MD ... who imo delivers well measured reports and knows exactly what maybe required ... as the MAY MD on a webinar maybe something like 'main-game light-oil' ...
... the importance of API can not be underestimated ... maybe look at the market ...
"Block 9: Commencement of Alameda-3 drilling SYDNEY, AUSTRALIA (18 DECEMBER 2023) We are looking forward to confirming the oil quality, production rates and reservoir properties of the two deeper reservoirs we encountered there last year"[part-of]
"Block 9: Status of Alameda-3 and Operational Update SYDNEY, AUSTRALIA (29 NOVEMBER 2023) We are hoping to confirm higher quality crude that can produce at good rates" [part-of]
... Mike - so you can see that MAY as now, have not even remotely confirmed any API from the A-1 lower-zones.
... also note the 'that can produce at good rates' ... again show's what's required ... maybe not easy.
... read the content, not the context ... don't listen too much to the 'Super-Tanker' syndrome 'Bandwagon' crew ...
... also a Capital Raise may happen sometime ...
... I'll listen to the MAY MD ... having this MD is a huge plus for MAY imo ...
