HDR hardman resources limited

spin doctor required perth, page-27

  1. 127 Posts.
    re: out with it microsoft... abuman I agree with H. — the WPL post was poorly worded. It is ambiguous: 'natural decline' [bad] ... unless further well intervention' occurs [good ... maybe] ... 'reserves under review' [bad] ... but 'several inititatives ... infill drilling & high res. survey' are possible [good, maybe]. Also, i may be missing something but it is unclear to me what the starting point to determine 'natural decline' is. Does it mean further decline from most recent advice [bad] or just a continuation of natural decline from the initial figures [not so bad, we aleady knew about it]? Perhaps I am trying too hard to be optimistic but i wonder if there is still not a bit of wait and see about all this?
 
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