"The land that we just bought to buy Prabha 1 may be worthless,..."
Well betrade I think you are being a bit tough there. You MAY be right and IT MAY be worthless but the indications are that it probably could still be good to drill.
What they have indicated is that while there appears to be a potential structure there it may be not as good a site as they thought for their first attempt at stricking the good stuff.
If they can find an even better and more convincing prospect then that should be their/our first asttempt and Prahba 1 can wait till later.
It is just a matter of increasing our chances of success gfirst tyime up.
QPN Price at posting:
0.2¢ Sentiment: Hold Disclosure: Held