RE:What does this mean?Research into a little history...
Who drilled into the Tikorangi first?
What was the problem when the Rotary rigs hit the section of the strata that had the large fractures?
When and Who stole the file for interpreting the 3D Seismic Data between company A & B?
Who left company A for B back in the day when the data accidentally went from B to A.
What was the initial production rate of the first well that penetrated the Tikorangi/Mt Messenger?
Who would buy out who if a company maker was found?
What year did obama golf with the Prime Minister of New Zealand in Hawaii?
What year did the Prime Minister of NZ visit Tag Oil's cheal facility?
What were oil price then vesus now. What was the debt then vs now. how is cash rewarded now vs then?
What does the Obama led legal sanctions on Israel banks to buy into New Zealand corporations have to do with the timing of the golf trip?
What does Crypto craze have to do with the absorption of billions of printed USD that are outside of the USA. How will this continued trend affect the marginal price of a barrel in the ground if left unchecked for 4 years.
What if the expenditure of exploration dollars since 2014 has yielded a diminishing return 4 years in a row, and the net increase of new discoveries flatlined last year?
What will the North Korea narrative due to the South China Sea barrels in the ground valuation for Asia.
What will the military projects going on in Antarctica have to do with the increased demand for marine fuels and diesel on ships going to NZ on route to Antarctica for the "Project".
What happens if the USA Dollar falls to $0.80 over the next 4 years and the B/E price for Heavy Oil which is more profitable for USA refineries light oil to refine than is achieved not from Supply Demand fundamentals but by USD devaluation and asset rebalancing?
What will a marginal barrel be worth if the Bond market falls and the fake asset values reset and the world realizes what is real is what is in the ground that the world still runs off of?
What if the ability to finance energy projects using dollars gets more difficult due to the possible capital restrictions imposed on the international use of dollars and credit is much more difficult to obtain after the USA reveals the billions of CASH pallets that were sent by obama to nefarious actors in the mid-east during his so called presidency. Will a producing barrel be worth more or less? Will a $ spent in 2007-2014 on exploration be worth way more in 2022 than it was in the year it was spent? If so what mutliple will the market give to REAL barrels in the ground arleady found?
What if the cause of global temp changes isn't caused from what we think and the thing visible in space with our naked eye from earth by end of march changes the narrative about how this big passing object might be affecting energy transfer from the Sun in Electromagnetic ways and that narrative re-adjusts how the world looks at the impact of fossil fuels and the value placed on the urgency or lack thereof of what can be done or not?
The Land with the goods already found in the ground with data to proove it should be a 4x to 5x from here to 2022.
The downside risk is loss of X million say 6 million if Puka is dud, the upside is perhaps a self-financing company maker if its not.
Something that hasn't happened yet will be discovered or not by the meld of technology, science, capital, skills and timing going like thread through a needle at an inflection point in the USD valuation the energy market rebalancing and the most politically charged shift in perception in why do you don't what you don't know until it presents itself.
Nothing is as it appears, everything is bigger pricture than you can see with your own persoective. Answer any of the above and you will be better at understanding the play you are involved in. Less than 2 months to make your mind up for the next 4-5 years. Start reasearching.