bd writes' If 77H flows commercial OEX picks up the recoverable...

bd writes' If 77H flows commercial OEX picks up the recoverable value of Cambay reserves which by all accounts seems massive.'

Good point but only part of the story
There is twice as much possible hydrocarbons in the Z zone than the y .This is much more tangible than the Canning basin which is the flavour of the month.

However and particularly for oppy holders WE HAVE GOT TO GET ON AND PROVE IT

I has taken 15 months to get part way to fraccing a well which we have already done once so should know what we are doing.
Cant remember but I think the z zone is only well no 4 and it would be criminal to sell out without having a crack at it
Every day delayed is another day of bleeding salaries
No problem to some -just another cap raising should keep the salaries safe but if you are a shareholder and even more so an option holder you would want to suggest directors might want to get moving or get out.
Not saying its easy , and I do know its very easy to comment from the sidelines(without a proper grasp of the facts)but frustrating after couple years sitting on massive potential the biggest thing to have changed is the dilution

Lets hope Tues brings some news or even Monday direct from India
Dont get me wrong I am still very positive about this and still buying oppies in small 200k parcels when I can- got more on Friday