QUOTES below from :- PHILLIP CAPITAL broker report (SPEC BUY PT 12cps) (report available via ASX website)
re GC21:-
"However we think the pre-drill estimate may be conservative, and we model possible upside to 20m Boe atA$80.9m or 3.2 cents per share "
AND
" We upgrade our forecasts to include GC21 production from July 2020 onwards (ie FY21). We estimate OEL production will increase from 2,000 Boeper day in FY19 to 5,000 Boe in FY21, +147%."
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