Pep 11 will get drilled when the 3d seismic is done (and the dispute settled) and they find a way to fund it.
Easy as that!
Whether they can find a new partner (farm in) as the east coast gas will rise soon, or scrape enough from the NT parcels.... who knows.
Time will tell.
Having seen this stock (and the other Advent related stocks) fly in expectation i will do the only thing possible. Hold and wait for the time it starts again.
DYOR
pep11, page-7
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