For it to be deemed commercial itll have to pay the capital costs 3m$ x 2 spread over the 12 months and the 20$ a barrel operational costs so looking at 300bpd from t45 and dino minimum
It certainly feels that t45 and dino might hace declined in flow but didnt the institutional investor invest in niko based on the data from those 2 wells might be incorrect saying that but frr has a long history of moving on to something else when things havent gone to plan history repeating itself? Or has this leopard changed its spots?? Or yellow tie?
Also the initial flows he stated were pre fracked i think another double bluff when he said he difnt know how the market works sly as a fox that zaza is
RE: Another Reason to be Cheerful?27 Jul 2018 08:46
Thought it was a good read shed and can see oil spiking in the not so distant future around the previous highs 150$ a barrel so bodes well for frr as long as they can acheive predicted targets
Hope zaza has learnt to under estimate his predictions so when they come in a lot higher 1500-2000 bpd then the shareprice will go up thats how to work the market