I think ST is on the right path.
It is about potential market cap pre drill..
And there is every chance NWE could hit $50 to $100M pre drill.
But there is no rule of thumb about theses things and all you can do is place your stake and see where the ride takes you.
Bring on the rig announcement - that is the biggest risk right now. Resolve that and we are away.
Gosouth
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