Consider this:
We know that there are at least 3 significant events happening in the next short period of time:-
1. Resource Report,
2. Spud announcement,
3 ~1 month of Borba drilling
Whilst we don't know the size of the Borba Resource it's multi Tcf.
A conversion of this resource into a recoverable reserve, even 10% recovery, puts the value of Borba into the hundreds of millions - shared 2 thirds SGC, 1third XST. = A major re-rating for both companies.
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Consider this:We know that there are at least 3 significant...
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