I doubt they'll extend the SPP, as it would then be dependent on Surprise success. While odds seem favourable for Surprise, that's a risky way to run a company that wants to drill three wells. So I expect they'll stick with the timetable, and presumably price is within the underwritten range now. So things are looking good, and we can't always expect a free look.
We can at least expect some promotion from the underwriter.
CTP Price at posting:
26.5¢ Sentiment: Buy Disclosure: Held
