Plus I expect the next well, whether it be in Songo-Songo West or onshore Italy, will carry the SP well through $1. If the SP spiked to 50 cents on the news of 40mmcfp/d gas from a discovery of which we don't know the size and in which KEY maintain 20% interest, then this is fair given KEY maintain 100 per cent interest in Po Valley with established reserves of 13TCF gas and gas price of $14 per mm cubic feet, and SS West where KEY maintain 50% interest and I sincerely believe the targets are much bigger than 100BCF!
A well will come before the end of the year IMO, and the most exciting stock on the ASX given wildcat exploration in frontier acreage with HARDMAN style upside.
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