Pretty disappointing the abrupt nature of the release - I would like to see some followup commentary around what did flow to surface since when during drilling they had "movable hydrocarbons" and oil shows. Did they get the perforation wrong? Did they look at fracturing the zone to better release fluids?
Moving on however I would like to see some progress (and fast) made on the West kora 1 workover to get some oil flowing and cash coming in. Would also like to see another re-entry into Stokes Bay and Valentine since the drilling of those created so much excitement.
No point in selling (for me) now as I personally think it won't fall any further (famous last words...lol) Back to the bottom draw with these....Good luck all!
KEY Price at posting:
0.6¢ Sentiment: None Disclosure: Held