Mandurah
Think you will find the reason that the price is given as 10.88 is that the price is calculated on the difference between bid and offer.So despite the last trade being 11.32 the last offer after that was 11 and the last bid 10.75
Reckon 3 mm of gas on its own would take is to 25 on its own given this is a 4 stage .Personally reckon anything above 50 barrells oil on top of the gas would be a very good result and anything in treble figures would send us into orbit The thinking being with long laterals we could do that much bettter
Good point about the drill rig not left yet but how do we know this is not the case.Who makes the decision -the owner or the operator What would i give for a sattelite picture of the rig and or the flare
joatmon TH = trading halt
OEX Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held
