How good is this news! only 10 weeks to wait now until we get some data through on resource size. Current acreage val at $29.50 based on SP will be a distant memory soon and once derisked - the multiplier effect over 3.5 million acres is going to see a lot upside . Don't forget Chevron paid $1.24 billion for the Vacca Muerta shale deal!
also good to see 2 x 150,000 competing bids today following the announcement no trade period on top of the 500,000 yesterday. Someone is accumulating at these low levels
PRL Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held