Just to point out, if the market wants to wait until confirmation and there is best case scenario of payable gas present, they won't have a snowball's chance in hell at getting in at 40-50 cents.
Will be derisked and the premium will be significant.
The potential gains are only available due to such large unknowns.
I see it as on or off. Either the gas will be there in payable quantities or it won't.
A 50% capital risk to the downside to a multi-bagger on the upside.
NEN Price at posting:
30.5¢ Sentiment: Hold Disclosure: Held