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Ballpark Estimates of A$/S values for Possible Amistad Resources, page-287

  1. 10,189 Posts.
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    Nah it’s oblivious that the sell off the day from 9.8 cents was the day that BAS began to spike. Traders moved their money. MAY will still continue its rise towards fair value 15-20 cents with upside north of 50 cents on appraisal

    But you have time lol as each days go past news flow will begin to pour in and the amazing thing is there is no guessing about discovery because:

    1. we are going to get oil spilling like 12 months ago
    2. Massive kicks like 12 months ago
    3. High pressure like 12 months ago
    4. an extra 290 m of missed interval on top of 1425 m which commenced immediately below casing shoe at 466m.
    5. 290m saw the greatest oil influx into the well which is going to significantly increase appraisal size of 388 million barrels
    6. Management pointing as much as up to 5-10 times larger than current resource size

    You have time lol this is rerating all the way through all time highs. Largest appraisal in more than a decade


    Last edited by Roch2077: 28/01/23
 
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