OOO,
"I’m optimistic about Jaws. WE? Toss of a coin, I reckon"
69% COS on WE. That is VERY high. I agree it has to be drilled to prove it, but that is an extremely high COS to start with.
Some larger market cap companies would spend a lot of money drilling a 20% COS if it exhibited a large enough resource size.
This is one of the largest prospective on shore drills seen in Australia in a long time.
Ann: Clarification - ASX Announcement 14 January 2019, page-11
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