Come on back up your claims with some concrete answers.
"There have been a few farmins to Canning acreage over the past 2 years."
Which companies? Which deals are you referring to?
"You are no doubt aware the Canning Basin hasn't exactly thrown up...well any oil. ** Same/same OIPs permits?"
OIP haven't drilled for any conventional plays as far as I am aware. Toenda 1 would have been nice but they haven't. How does this in anyway reflect on the prospectivity of the Canning Basin permits?
"For every seller there is a buyer"
Not if there are no buyers (refer to previous comment about market depth).
I believe it was JW and if it was I stand corrected on that front.
Cheers,
JT
OIP Price at posting:
7.1¢ Sentiment: None Disclosure: Held