blokes, the only way the shares get to 25c is if the good news is delayed until option expiry (something GDN could do easily!). The threat of the number of shares in issue doubling will keep the sp at 12c unless it is an absolute doozy, which it won't be.
Try and find another producer anywhere which sat on a productive well for at least three years before testing it for commerciality! P1 is not, and never will be, commercial, unless natgas hits $50. If you want to see how other companies do it, look at BUR. Every well has been a success, usually completed in 6 to 12 weeks, including horizontal drilling, fraccing or whatever.
So, who's going to call the drill site on Monday night to see how the fraccing went?
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blokes, the only way the shares get to 25c is if the good news...
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