Ok, at this stage of the play I suggest dte t/o, merge, share offer should be 33c with others knocking on the door. This acreage and support from uk gov is not going away. Gas in place/ reserve estimates is the issue, other plays have had 2p and 3p reserves stated to get the big bucks.
This is a critical resource for the isle that fits into Australia approx 30 times, there is a lot more here for this to succeed than just shareholders interest, it's called survival.
My thoughts only dyor.
Abalone
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