Makes no difference to us seemingly I think Wti was around 50 when we relished at more than double this sp without CUDA or deep discovery Mother of all corrections due here
Personally I will just be glad when this is in the bag. Still beggars belief we are less then half the sp with poo double what it was and increased wi plus a huge discovery….. massive correction due.
Oiler my take is simply Art wants everything signed in blood before the RS report is issued. Although it should not be an issue there may be a spanner in the works if RS actually increase our internal estimate.
Posted on here is that COPL have to develop the deep discovery for any value to be priced in. So what we are saying on that basis is any discovery is priced at nil till fully appraised…. Absolute nonsense any discovery of this magnitude when independently verified will send this to the moon… Yes we will get full value in time when the field is fully delianated but there is massive upside here just around the corner…tick tick.
Seems Art wants this signed sealed and delivered before any news. Hopefully as soon as the legal objections period passed they immediately got their finger out to get the funds paid. Be nice to be early for once but no doubt as ever this will complete on the final day….