I have no idae, do not normally follow energy stocks...........but they have extensive drilling program underway,,,,,which is spelt out........so within 6 months they will have done enuff work to realize most of what they have said......
if you believed the share would go to 16.00 would a frame of 1 year be long to wait ???
or will it be half way there in 6 months ??
or a 1/4 in 3 months......say 4.00 ??
otherwise I have no idea
cheers