'very close to drilling'.....this stock is extremely derisked by the large number of previous holes through the tenement....it would be good to know exactly what the geological variability has been in this type of rock in the basin, though, to use to develop a risk perception. But from what I recall, every hole drilled for oil in the basin centre got a uniform and significant thickness of potash evaporite on the way to the target. You just don't get that sort of security every day.
TRH Price at posting:
67.0¢ Sentiment: Buy Disclosure: Held
