EL.
Finders report was based on what?
Their own thoughts maybe.
They are still quoting 300mboo in place at PS1.
We all know that was an Apache ploy to sell their holding.
CVN's independent assessment is nowhere near that.
Tell me how Finder can come out with that when analysis is in progress.
ROC even though COS was 40% was in every holders mind a no brainer sure thing.
As for the excuse being too expensive so they erred on caution the fact is there was a free carry of US$70m.
All that said I still think the result is ok but geez missing the first target and not being able to get the full data like flow rates and such is just a little error don't you think.
I mean geez Finder even have the production tie ins worked out yet Adrian says its early yet with a few wells yet to come.
Don't forget Finders share is up for sale just as Apaches was.
EL. Finders report was based on what? Their own thoughts maybe....
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