Lol... let the bull market commence. It was only a matter of time. S&P500 and NASDAQ are at all time highs... it was perfect timing.
Something tells me VOGC and Flambeau (me) will have a lot to say about this resource upgrade... New threads inbound eta (SOON).
This is one of the reasons why I am so confident about the lower sheet, they flowed oil from this depth before with inferior (older) rigs, and older technology and an exploratory design, now we have a better design, newer rigs, and newer technology:
source: 1 Feb 2022, ASX:MAY, Drilling update at Alameda-1 - Strong oil shows.Sherritt produced for 20+years, I suggest you read their quarterlies and how much it cost them to produce and how much they sold the oil for.
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