GDY is drilling a lot deeper, and if I recalled early findings correctly their rocks were overpressured - something which scared me off long ago, as my mind boggles at the pressure GDY has to build equipment for.
Really I wouldn't acuse them of spreading too thin, they appear to be building strong teams in both SA and Spain before doing anything of substance elsewhere.
My only real fear is that Parlana doesn't deliver, but then if it doesn't it probably doesn't bode well for many of the other EGS hotrockers. They've offset the risks as well as they can with the freecarry plus projects in Spain etc.
EL
PTR Price at posting:
35.2¢ Sentiment: LT Buy Disclosure: Held
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