RE: Reality Check17 May 2025 00:00
Ohhh dear me NotAnotherOne …. So so many wild contradictions in that appraisal , albeit I respect your opinion…..
Surely , from the outset this has always been a risky investment , some say binary , however I believe that a major O&G declaring it as a ‘Gas discovery’ and the seismic work done since, negates that for me….theres massive levels of gas there , just need to confirm it will flow sufficiently to access/ recover it ….
So everything , your holiday villa …. Or my 2nd hand Vauxhall Calibra, are both dependent upon a few things before it can be deemed a duster ; commercial access/flowrates , gas size and the pipeline …. Much of that is believed to be known and /or underway , so don’t write things off just yet …
Good news flow is I am sure , just around the corner ; and in 4 months time we could well (pardon me !!) be sitting on a huge gas field, commercially recoverable and worth multiple hundreds of millions $ to SNDA !
‘Assumptions are made …. And most Assumptions are wrong’
(Albert Einstein)