RE:RE:StarkStark I agree with you. My assumption is that included among the minority investors are hedge funds etc. They have the means to hire their own oil&gas consultants. They already know that Kawa was a decent well that is good enough to sustain the sp where it is.
As for the key decision makers' motives I think that it's in their best interests to shake out some more cheap shares, then do everything that they can to make the sp go up. This thesis of mine will be tested by whether the sp drops substantially from now until Wei spud because I am also assuming that the large minority stake holders will gobble up low asks.
As for DeAlba, CC not being oil&gas guys you have to admit that they have hired the best and the Maersk Discoverer is not some refurbished, rickety old piece of scrap like you see offshore on shallow wells drilling mature oil&gas fields in countries with questionable HSE standards. 15,000 psi BOPs, top notch equipment and crews, top notch drilling team from Maersk and CGX running the show. There will be no blowouts. They'll drill Wei successfully like they drilled Kawa.
So now it all comes down to geology. Did Kawa results calibrate well with seismic? We know that last Sept 23, I think it was, their operational update when they were at about 10,000 feet said that the formations were coming in on depth. In other words as prognosed or predicted from seismic data. So it seems that their earth science team is first class as well. Somehow Kawa pointed them to Wei. If they hit a major reservoir, say 300 million barrels recoverable, with long term projected high oil prices then what will the sp do? They will not be able to hide or downplay that kind of success.