InvestorsHub Logo

Krombacher

10/22/08 1:37 PM

#142214 RE: RubyMartin #142213

The question isn't so much "when" but "what if"...as in "what if" they don't make the deadline with more delays?

Then, imo, it would be a total and complete catastrophe and the stock would sink into the terrible teens.

And if there's no oil down there after they drill, then many folks will lose lots and lots of money. It will be non-stop hemorrhaging. How reliable is Seismic? And if it were that reliable, wouldn't there be more incentive for a ROO?

Terrible, terrible. Oh the horror of it all.

Krombacher


tryoty

10/22/08 1:51 PM

#142220 RE: RubyMartin #142213

March 2010, but if they can't get there due to a tight rig market, there will be an extension granted. They'll drill before then anyway so its not an issue.