Nice to see Motley up beat. Two things they did not detail:
1. Defender is free carried and that the 4.5M cost refers to SOA. The involvment of HAL would have highlighted the significance of this play.
2. SOA was not a dry hole. The mmuddy J was not productive however the target was not reached..more detail on the scope of opportunistic targets would have improved what was a rather shallow analysis of Hawke springs.
Anyway there you go ...any pubicity is better than none though. Hopefully next time they will detail the long term drilling contract.
FP
SSN Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held
