Of course it can. The current enterprise value is $45 mill, only $20 mill more than when they were first awarded P2607. Since then, they have sold 60% for $145 mill plus $50 mill in tax credits, AND they still own 40%.
We are coming into Autumn now, so gas prices will be twitchy, and in the next few months we will get funding sorted and FID done. Additionally, they have their hat in the ring for another 6 license area. If they dont get at least 2 of those, I'd be shocked.
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