I'm not sure I understand the current share price. The last major gas interval saw the share price get to high 70's (from the top of my head) and be pretty steady there for a few days while they cased. They were RIGHT ON TOP of leadville then, and the share price was not 1 dollar plus.
Many months later after the drill stuff up they're just about back to square 1 and the share price should really be lower than high 70's- given the company has spent a lot of money retrieving drill, and confidence should be slightly shaken in the drill team.
There's also the matter of determining if the casing is ok after the drill wall pulled off the cement... which should also depress the price due to uncertainty.
Anyone care to comment or explain?
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