As per CEO interview from 4 weeks ago he talks about how the new designed well has now increased appraisal rate from original independent assessor’s and have put the project in a de risked position in lower layers. So yes greater than 90 percent appraisal rate for oil being appraised in March.
15-20 cents a share is fair value. Traders getting their refill for another run up and got mine ready. 200 million market cap is a joke for 2.5 billion barrels conservative for Alameda upper sheet only and discovery already called
May Train 5.8 cents express to 17 cents-stand clear please, page-235
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