RE: Zaza "demonstrated commercial oil"4 Sep 2018 19:09
Also...Could this lead for an early visit BACK to UD2 then was earlier planned??
JV or Farmout from/with 2 Majors frees up FRR's hands somewhat along with funding to proceed with a spudding of a shiny new well alongside the old knackered soviet buggered well.
Therefore can you imagine that this may realise an SP way above a pound IMO way, way earlier than any of us had envisaged should, or rather WHEN UD2 comes to fruition. I've never doubted NSA report, just the fact that FRR could'nt complete extraction due to a few well related problems, other area's of Company's concentration and debt.
The debt is being cleared, and a new well eradicates 'old well' issues, and the majors are dealing with other areas of B12.
Any ideas?