november drill, is why the sp is just in a holding pattern.
well undervalued on current cash flow (60m revenue, 30m+ free cash flow for exploration?),
but the rush to 7c, in april, was on a mis-timed beleif that the drill was june.
expect the same run up, easy 2-3x your money to enter here, and wait it out, pre target depth depth, 10-12c
if they find what they did last time it was drilled, it will keep going 30c.
if they find more than the previous 50mmcfd gas, maybe a condesate reservoir? then it will go further.
november drill, is why the sp is just in a holding pattern.well...
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