FAR 3.00% 48.5¢ far limited

I also see Noble set Kora at just 20% chance of success with...

  1. 863
    135 Posts.
    I also see Noble set Kora at just 20% chance of success with drilling late June and results expected by end of August? I thought the time frame was shorter then that, at least for the results on the drill.

    Considering they give it just 20%, doesn't this differ quite largely from other figures we have been given on our chances of success? I would like to know how they base these figures, as it seems like quite a hard take Kora.

    Perhaps they are being more realistic/cautious or just not convinced, and if so- then why invest unless they see huge potential in the drill? Its quite a large stake, but is this just chump change for a larger company like Noble?

    Cheers
 
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