We should be near our nadir, imo. Which as it should, determine what our upside might be if we get;
With our prospective resource currently valued by Hartleys, (et al) @ a conservative 2c sp, i'd be interested to hear where our retail analysts see our SP in each of the tabled outcomes.
- An announcement showing commerciality around flow (say >80b/d)
- An announcement showing higher flow (say 120+b/d)
- An announcement showing ongoing isssues with inventing flow, requiring further assessments, including swab, or
- An announcement suggesting the tech is at this stage unable to commercially extract, that we cap and seal as an interim, and move to the conventional prospectivity.
My thoughts;
NB: Of course, there is Jim's 10m valuation sitting there (no doubt with his bid at $0.002), although i think for the board's sanity sake, we can leave it in Jim's fantasy land, where it belongs.
- Tempered... a smaller spike but re-settling at around a MC 250m (5-6c sp)
- Euphoric... a large ($0.10-0.15) spike, re-settling at around a MC 500 (~$0.11sp)
- Resignation... holding reasonably firm at high 2c's, with spike potential understood, trader's plaything
- ST dump, towards say a MC 50m (1c sp), scaring out all bar the fixated, and perhaps settling again around 2c conventional (the Hartley's conv. val), traders plaything.
Any thoughts?
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