they found hydrocarbons, page-21

there will be NO flaring, this has been stated time and time again so just wanted to clarify that yet again.

i would love to be the optimist and hold out hope that they have found something but previous experience makes me realise this is essentially a write off, done and dusted (sorry for using that term)

i just hope the companies (i hold BUY) dont drag this out any longer than it needs to be so we can move forward from all of this.

as for the suspension, i believe that was the companies taking a pre-emptive step before it was forced on them by the ASX, the announcements released this morning regarding the discovery of sandstones would have sent up a red flag.

of course all this is my opinion only.

disclaimer: i hold BUY shares