A Lesson in Long Term Investment: Woodside Keeps on Giving, page-27

Fair enough.

We all make choices.   I have a portion for spec and most for blue chips.   My WPL have only made me close to 75k in 4 years. 

Nothing like CVN.  

To be honest, I did a hell of lot of research (every spare weekends I had), and I was expecting PS3 to come through and perhaps make 50 to 75% of my money, but Dorado surprised on the upside - way beyond my dreams.  

Ironically, PS3 turned out to be a disappointment. 

And the thing I like about these permits is: every single drill we conducted led us to new prospects and we have 22,000 sqkm.

Right now, we have determined there are at least 2 kitchen sources in our permitted areas. 

And at Dorado, 4 levels of sands hit the jackpot, giving us 120 metres of light oil.

And the great thing is: the Dorado drill is leading us to look-alike prospects.  

That is why the market is excited about us raising more money!!!