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Ann: Nicolay Number 1 Well Revised Spud Date , page-6

  1. sharks37
    8,720 Posts.
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    04/08/12
    09:22
    Post #: 10526925
    Why I entered NSE yesterday (with price right on trendline):



    Downside risk? Delay of Nicolay spud is already priced in now imo, so the main downside risk is Nicolay is a duster, which cant happen before it spuds. So downside risk atm very low. The next fundamental price driver is the spud of Nicolay, which is an upwards price driver.

    Cheers, Sharks.
    NSE Price at posting: 52.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 10  Upvote
    lightbulb Created with Sketch.  Great analysis
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