non-exhaustive list:
-potentially final report out of ST well results post all logging finishing (in the phase prior to later 6” drilling). Hopefully they give a more fleshed out description in this announcement that manages to really paint the potential net pay increases and change to gas-condensate resource they could get when they get final results on other data analysis. (There’s one particular uplift that I see that I want to keep to myself - sorry to be a dog on that, it’s just too long to explain and I can’t be bothered)
-results from fluid analysis - composition, PVT - likely Jan/Feb: this will likely push the field from ‘gas discovery’ to gas-condensate D’
-uplift in net pay from drilling 6”. Overpressure tends to preserve porosity so these sands will be more likely to meet net pay porosity cut-offs
-sidewall core poroperm comes back - they calibrate log based porosities based on this. And if the calibration allows an adjust of their log based porosities to even slightly higher porosities they can add more metres to net pay (as a large factor in net pay cutoffs is porosity cutoffs [as well as saturation]) ( i wouldn’t expect this until q3/q4 2024)
-you’ve hit the nail on the head with funding - if alternative funding rather than cr is announced positive
-as many would probably realise signing of the psa will be a positive trigger
But through all of this just know dirty dogs are going to manipulate this stock price, and shaky hands will compound this
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- Ann: Additional gas discovery in Lower Angwa Mukuyu-2
Ann: Additional gas discovery in Lower Angwa Mukuyu-2, page-722
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