So you expect the MC to increase $60M (6c share) from flow data from the primary zone which the company estimated on a gross prospective basis held 796 mbo or roughly $50M in ground value on a RI basis assuming this is all oil, assuming this oil is recoverable, and assuming current oil pricing, no discount provided on a DCF basis ..... i would highlight the risk a fair bit of success has been built into the current SP noting $40M has been put on since the well was announced in August.
67 days since the original SM69 E2 Well Commencement ann its worth noting.
BYE Price at posting:
14.5¢ Sentiment: None Disclosure: Not Held