Hi Ammer22 and Freehold, Ammer22, I try not to get bogged down...

Hi Ammer22 and Freehold,
Ammer22, I try not to get bogged down on calculations either, but I dont think they should be overlooked when trying to gather as much information to make an informed decision. I understand the once bitten twice shy and history repeats itself theories, but I try not to let the actions of past directors and past projects influence my decision too much. Instead I look at current projects, nearology and whats hot right now, which Canning and Perth Basin plays are.

Freehold, Im very excited about the Perth Basin, which never gets a mention. I totally agree with you about NWE arrow project. They already have a massive zone and I think KEYS sp will benefit greatly even before they start fraccing in June, just on the nearology and speculation. If you have a look at the map you will see KEY is right next door and has one of the bigest land holdings there.
Please see the map below for details

http://dmp.wa.gov.au/documents/PD-PTLA-ADM-150D(1).pdf

77