If the NSAI report will have resulted from, among other sources, all drilling data in Phase I then I would regard it as more informative than what we hear from SNP as the NSAI is totally neutral in whether they give a thumbs up or thumbs down to assets whereas SNP may have reasons to keep all data close to the vest.
I would put more trust in NSAI than what SNP tells us.
Anybody know when the NSAI report is suppose to be ready?
I really don't know why the NSAI is reviewing the area
again but I assume it is for the AIM listing.
The NSAI should finally put to bed whether or not lots of info regarding what was found in Phase I actually occurred. If it turns out to be all biogenic gas and downgraded expectations for the region, so be it. But if it shows positive findings with thermogenic gas and oil, then I would really have to wonder why mgt put out what they did at the SHM instead of just saying we have nothing to report at this time. If this occurred, I would look at it as a direct attempt to mislead investors.
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