RE: Slam dunk?25 Nov 2020 08:54
At the end of the day, many opinions can be given - even this former NBA star said, I quote "I can make a strong case for drilling and a strong case for not drilling"...we all can give opinions for and against.
The only thing that really matters is the official process - assuming BPC have ticked all the boxes and so far there is nothing to indicate otherwise, then at the very least this expiration drill is happening....hard to believe, I know, especially for LTH's.
Whether we find commercial quantities of oil or not, that is the bigger risk right now and if P1 does come in, then that becomes a separate matter to deal with. In the success case, I'm sure it's been pre-agreed with BG and any 'partner in waiting' as to what steps are taken next.