Very excited about the release of Nash Dome reserves report.
The investor presentation which was presented to RBS clients suggested 2 weeks (from 29th March). Which is 12th April. There are only 6 trading days left until the 12th (note market is closed on good friday & easter monday - 6th & 9th April).
IMO it's not out of the question to be building by 10c/Day in anticipation of the release of this report.
This reserve report will significantly de-risk the Nash dome valuation & also it could well propell the total 2P liquid oil reserves to over 100 Million bbls!
10c/Day takes us in to the 1.80's pre-release of the report & it would be nice to see the SP pop above $2 on the news!!
GO MADers!
FDM Price at posting:
$1.23 Sentiment: LT Buy Disclosure: Held