thoughts on news, god , bad or ugly?, page-5

This will be interesting to see how market reacts. Field development was dependant on a successful outcome of 77H in order to obtain permits from Indian Gov. Ron is calling this a successful proof of concept so he can get permits submitted but it still remains for us to see how it will be financed apart from CR.
Numbers seem feasible with what they have and what they could expect with better well designs but punters need more assurances in my opinion.
For mine it is a hold whilst others have sold out will be interesting to see if they want back in...cheers.