not looking positive.., page-19

Just some tree shakers whating some cheap nuts

Bounty's message is consistent see below =

"With commercial success from a drill test then BUY anticipates material
increase in its Enterprise Value
? Size of the prize: Possible total 2.5 TCF at MGW and 13 TCF in Permit
? Crude Value Equation: 2.5 TCF @ MGW = 445 mmboe?s
? BUY shareholders have direct entry to play"

It was always intended to be a drill test

Once presence of gas is logged, the seismic will give them enough info for recoverable size esitimates

Then we start the process of development and production , which could take years

A solid discovery will improve SP