anyone following this stock? i have a few questions
- yesterday, the ann said
"If similar results are obtained from one or more of the three as yet untested zones it is likely that the pre-drill reserve estimate of 21 BCF will be exceeded."
but investor presentation released 28/11/06 said Wilson Net BCF P50 2.7 & Net BCF P10 5.7
why is it so much different?
- also, yesterdays ann said
"A further three selected zones that occur within a potential gas column of over a gross 100 feet thick will be tested over coming weeks."
but on the 29/5
"Electric logs were run and show indications of at least two potential gas zones which have a combined gross interval of over 100 feet."
so is it 2 or 4 gas interval??
- what happened to the plum? is it a total failure? or are they gonna try again at a better location?
GGP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held