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15/05/18
16:42
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Load,
that is not quite correct .......
its a naturally fractured shale (piere) that holds "pockets" of oil.........the source is deeper.....
tis not the same thing as bakken / EFS / etc....
as I have said previously - the dirt does actually have some potential .........
but - management leave a smidge to be desired in terms of forthrightfulness ......
relative to other minows in E&P space - tis expensive in fundemntal terms (see BAS for a comparison)...
hope management can do something with the gas resource - otherwise, more off the same re capraise / small spruik / rinse and repeat .....
rgds (non holder, and not on my radar)
V_H
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