Let's be realistic, even if it flows like the clappers ( your words ) and the API is as good as people are hoping, do you think they will use A3 to flow and truck? My take is I very very much doubt it.
Flow from A2 - maybe 800bpd consistently over a decent time period. Potential cap out lower section of A3 and flow another 800bpd from it in the upper section.
Would then need to drill another 3-4 production wells to get to 5k bpd.
At the rate of drilling I would highly doubt that will be achieved.
However, some will still dream of the miracle $1 per share that has been getting posted for the last 2 years! It MAY all happen just in a much longer time period, if they don't take the sale and move on.
MAY Price at posting:
6.3¢ Sentiment: Hold Disclosure: Held
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