Imo consolidation should be done AFTER results of flow test as firstly our SP would be in a stronger position thus showing major players Rel are worth them investing in even after consolidation not forgeting this area that is being drilled is a major gas reserve with huge money to be made in coming years with more wells to be drilled not forgetting there is a very high chance that flow test is going to show bigger than expected results pushing SP up higher prior to consolidation which would be better for all concerned
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