A lot of carts being put before the horses at the moment imo with rainbow projections.
As a long term holder, I’m happy with the direction MAY is progressing (It’s been a long time coming for me) but still a ways to go in reaching its SP potential. Oil grade, recoverable estimates may well define initial rise on results.
All going good, then I’ll await production well/s, (which being land based) hopefully will be timely. Need storage tanks and transport initially, then eventually into the nearby pipeline corridor. In anycase, production underway may then define further SP. To many, this is nothing new.
Of course the above is extremely simplified on what has to happen. My main point is that it won’t happen overnight. If your expecting extraordinary leaps and bounds I wish you the best of luck. My hope is for steady increments as goals are reached over the next 6 - 18 months.
That’s not to mention further potential drill sites in Block 9. If any proved successful then….well that’s a story and gamble for another day.
GLTAHDYOR
MAY Price at posting:
8.6¢ Sentiment: Hold Disclosure: Held
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