To be fair they went up 100% this last week and gave most of it back, but keep in mind they are only 20% of the asset so there may be some sour grapes too that they gave it away too cheap.
MQR should rise on opening, unless the company stuff the announcement up to come out of the halt. It’s not over yet and they’ll be looking at the results to delineate that brine and have another crack. The drills paid for as far as I understand so it’s a free kick.
MQR Price at posting:
5.5¢ Sentiment: None Disclosure: Held
