pennynut,
If you bought BHP today at its mkt price and it was $100 tomorrow it would be a good result, so yes 20c is a good result and so is 10c.
On the experts best "gestimate" (@ $18 NPV/bbl) it could be worth $9, but that is a gestimate.
Elevated Gas Readings and Fluorescence aren't worth a cent.
This well is currently the great unknown.
When was the last time someone offered you this much excitement for under 5 cents. You don't have to answer that!
MI
value after the drill, page-15
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