It should be given that: - they reported higher than predicted coal seams thicknesses - there was lots of gas reported in the areas between the seams also - there was high has content in the coring samples - they've been talking about reserve upgrades - they are getting good flow rates from Gazonor, which would hopefully share some similarities to the coals at this well. - the drilling is going to plan...few times technical difficulties have really screwed things about for companies I've followed.
Still haven't seen the permability data though...fingers crossed...
Nice to see the manipulators put through a cheeky small bid to push down the price a little on announcement...
EPG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held