$4.50 would be a 2-3 month goal as they progressively bring out good news.
1. Hedging is finished.
2. JV announced
3. Bills paid hehehehehe
4. pumping oil again monday.
5. repairs to wells and/or new wells successfully working.
read carefully
Further, the independent technical advisor’s draft Phase 2 report has now been
received and confirms that there is a high likelihood of effective remediation of the
Puffin 7 well, with the prospect of an initial increase in oil production by a factor of *****2
- 3**** times existing production levels. The Company believes a remediation program
could be implemented on a cost effective basis within an 8 week timeframe subject
to procurement schedules
2-3x current within 8 weeks on a cost effective basis.
i will hold this trade for 8 weeks at least.
dont suprised at where it reaches during that period.
cheers
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