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4.76% 10.0¢ burgundy diamond mines limited

oil & gas interests significant, page-10

  1. bitzer
    7,638 Posts.
    lightbulb Created with Sketch. 15
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    06/03/13
    10:54
    Post #: 11502802
    Beer money :)
    CMT reckons the Palta prospect could hold up to 13.5 TCF and estimates that their ground is approx 20% of the field.
    Thats around 3TCF
    Anyone know why Palta#1 is delayed ?Nature of technical difficulties ? Hard to find any info !

    If Palta#1 makes a find it would seem logical to me that Cott and partners would be made an offer for the block by shell or Mitsubishi.
    Anythoughts
    BDM Price at posting: 17.5¢ Sentiment: Buy Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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