Really if statoil starts getting geo/survey results supporting those existing in the ryder report then that should create some added confidence in BKP's share of the game.
Likewise Statoil getting into the dirt should add confidence.
Any success...like real oil shows from drilling.....increases the value of their share of the game.
Is why the last drilling was so disappointing and strange..hardly a mention of real oil being recovered..
What we want is a positive result of some type from the Basin....and soon, whilst we still have some money.
Well BKP also has accumulated losses as an asset...
I think bkp is a buy for those without exposure and looking for a risk with a big upside...since we still have that resources report and now a major player with lots of money.
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