I have a report prepared for Great South Land Minerals limited prepared by RPS Energy Pty Limited, Level 3, 41-43 Ord St., West Perth, WA6005 Australia, T+61 (8) 9211 1111, F +61 (8) 9211 1122.
Title of the report is, "Economic Evaluation of the Bellevue and Thunderbolt Prospects in SEL-13/98, Australia"
The assumptions are conservative but just a small sample of how many wells will be needed, 360 vertical wells for Bellevue and 74 vertical wells for Thunderbolt. They estimate the average drainage area per well is to be 40 acres.
We have heard enough from the naysayers trying to undermine the value of this company. The world will know very soon as to the true value by the results and not talk.
