SP didn't run like a lot were expecting but i think its great news. Flows nearing base case estimate in early stages on flow back - sounds good to me. I hope we dont get IP24 for another 2 weeks. This would be an absolute cash cow. Jewell is all but full derisked now. and soon to generate millions/million in rev a quarter. As for the 2 minority interest in wells - Sounds like they are expecting about $30k each/year off them. Every little bit helps but isnt huge news. The Aus Play - sounds like they are already looking and have something in mind- Probably the reason they didnt participate in Rangers(apart from not wanting to CR), they have something brewing in Aus. SHE is a slow burner which is fine by me. No CR, No Dilution, accumulate assets. Aslong as that is the case i will be hanging around.
SHE Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held
