Mike Mike,
1/ Hope Dave is making full use of his time.
2/ SOA rebates will not be coming soon.
3/ Without a Farm-out I can't see us drilling a western well. The well cost with ice roads would be hugely prohibitive.
4/ Agree, 3D analysis is key.
Traders, well they be traders.
I'm not confident that we will be able to farm-out the HRZ and retain much of anything. Dave had said he's confident, not everything he's says is to be taken at face value. For what ever reason they couldn't contact the resource and obtain a hydrocarbon flow rate, means another party will have to throw a whole lot more money into the well. Requires deep pockets.
We were told to believe the 50/50, seems the science said no.
Cheers
ASX Today, page-11603
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