Originally Posted by
fish
Cant help feeling there has been an over-reaction to the findings of this drill.
It was a wildcat and had only a small chance of a big commercial success.
In effect it should have had only a small downside but big upside .
It has cost nzo only a small portion of its large us$ cash hoard .
This will be tax-deductable this year in full .
In Feb we are going to see at least 2 TUI appraisal wells drilled .
There is a high chance these will be commercial and tagged onto current production facilities .