No, I don't think it will surprise the market exactly.
However, I do think the market in turn will revalue them based on the flow results, especially if they're positive and we have another well flowing similar to the results just released - they'd be above average and I derived my valuation on the average flow result with a few wells coming up blank.. so any flow results above the average move my valuation of MAE up.
Also at the back of my mind is the fact that they may have 1TCF of gas... now, that would send the market ballistic I hope.
CPC
carpenter pacific resources limited
No, I don't think it will surprise the market exactly.However, I...
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