Cordillo Seismic has been well & truly assessed by SXY, which lead to deal announced on 15/06/13 with PGS. We'll be getting a look at the well targets soon enough, as they need to drill 2 wells before Nov. Not sure if quarterly will include 3D seismic but if it does that would be great, as I'm confident the images will indicate what we've been hoping - visible oil targets.
As for the 4c on share price, consider $5M in the bank, that would only value the balance being 20% of PEL 514 (oil/gas) + free carry + bonuses at $15M, which I feel will be easily vindicated when drilling commences....GLTA
Cordillo Seismic has been well & truly assessed by SXY, which...
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