too many shares - horni, page-13

neo - info needed Hi,

I was going over the previous announcements with Jack Hammer 1-1. During its evaluations, they looked at mud logs and then ran electric logs before casing and cementing it.

With Jack hammer 1-13, they only looked at mud logs (no mention of electric logs being run) before casing and cementing it.

As per my knowledge, the casing and cementing a hole is only done when it is deemed that the well should be completed for production and it is quite an expensive exercise.

Do they know much more than they are telling us (like very elevated gas readings of say more than 500 units etc) and they didn't bother to run electric logs ? or are they flloish enough to spend our money no matter what ? I reckon the former as three operators are involved.

If my reading is correct, either we are in for a large price rise or have been taken in! Comments pls