I don't believe that a CR would be engaged without Century returning to S1.
I believe that an amicable outcome is being devised and they will return to complete the hole.
If they don't it will have great repercussions for their business IMO.
The CR that was engaged last to coincide with the drilling results of Surprise was a great opportunity for those holding the Heads as it was a free look.
IMO, buy before the return to Surprise and CR is announced !!!
The CR will probably be the same price so if the results are great for S1, it will be at a significant discount and raise $19mill to bring the well into production.
The lack of booking a rig and publicly announcing that we are returning to Surprise just reaffirms this IMO.
All good IMO.
The Bashers cannot read between the lines.
CTP Price at posting:
38.0¢ Sentiment: Buy Disclosure: Held
