DXI 0.67% $3.02 dexus industria reit.

Ladies and Gents....Expectation is the death of most...

  1. 479 Posts.
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    Ladies and Gents....

    Expectation is the death of most explorers...it's not a management issue at all, it's not like they are sitting in the weekly planning meeting throwing darts at a map. It's obvious that this is a long play, and to be fair the results are improving each hit. We all want the fast buck, but in a huge new tenement you have too proceed by elimination with the information on hand. Chalks are NOT standard anticline formations, the factors involved are many and diverse and only a continued program of narrowing the circle will yield the true results.

    You should see how many cruddy wells are drilled for CSG which are low yield but not deemed failure. Information is power.

    I hold and will continue to do so, it's not a stock for the quick buck is all but neither is it a 'stick a hole in the ground' operation like GDN or EGO. It's a professional JV with boxes to tick.

    Regardless, heres hoping for good results for all...I see my guesstimates flows weren't too shabby after all :)
 
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