..got the $100m- $200m MC wrong for a Cervantes success...just relistened to the Ken Aitken / Strahan interview and his comment was add $50m-$100m to the market cap..(and the same to VENs being equal holder) , and Cervantes comes with built in contract and tariffs should it be a discovery. A couple of other encouraging things out that interview were....Odin looks more likely than not to be successful..a well was drilled off structure in 1985 and found gas...Strathmount Well. Also didn’t realise there are so many shallow oil prospects mostly ranging from 1/2m -2m barrels in ATP2021....guessing this is where the next exploration activity will come from...assuming it’s the lowest cost option...?
MEL Price at posting:
2.7¢ Sentiment: Buy Disclosure: Held
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