you have not lost unless you sell and a lot were like this years go at ggp and more recently when expectations are to high. They have done what they needed to and this was a drill to re-ignite talks and take them forward for a JV. Time will tell but hold on and have some patience
this was teh fril to get interest on a farm on, so many said we could not afford to make it a producing well, so we drill prove its got oil and they RENEW JV discussions. patience patience patience.
he Company will proceed to undertake a comprehensive evaluation of the data derived from the well, as we believe the results provide a sound technical basis for renewed farm-in discussions.
no not from what I've read. it says to me JV discussions. Why would they spend more on drilling if they have an interested party to do a jv with. also tells me its good quality oil. patience is needed. i think an interview will come out soon because of the market reaction
Redloser youre the muppet starting new feeds because you dont have any brain power to continue the others as its you that is the fool. Also, you definitely dont have a business head on you thats for sure, cone on put a well thought out statement up for me to laugh at
So you have inside information on drill results before they hit the market so you can take advantage of the price. Newcrest will always have insider information on the drilling until it is finished.