yes its a bit like saying "if ADI have no gas or oil, the share price will go down" and "if ADI discover gas or oil, the share price will go up" I think many of us are a bit past that type of high level analysis at this stage. We're specifically watching with great intent the current frac job (which is taking a very long time) over at the Kunde wells, and eagerly awaiting any more positive news from the strangely behaving 3rd zone of our SL1 well. It'll be a little while yet before we get into the really juicy stuff, which is the extensive testing of several areas identified as worth performing fracs on in the K1H well, and to sure up the newly identified reservoir that exists here. Reserves estimates for the sugarkane are multi TCF, so for my money, it's a gamble worth having.
How's this for a prediction.... I'll hold until the entire area is fully tested, and have full confidence the shares will go all over the place in both ways throughout the time it takes them to test.
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yes its a bit like saying "if ADI have no gas or oil, the share...
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$2.77 |
Change
-0.010(0.36%) |
Mkt cap ! $888.3M |
Open | High | Low | Value | Volume |
$2.78 | $2.80 | $2.77 | $1.119M | 402.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 6892 | $2.76 |
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Price($) | Vol. | No. |
---|---|---|
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No. | Vol. | Price($) |
---|---|---|
3 | 15557 | 2.760 |
5 | 7609 | 2.750 |
1 | 817 | 2.740 |
3 | 8257 | 2.730 |
2 | 1917 | 2.720 |
Price($) | Vol. | No. |
---|---|---|
2.770 | 5935 | 2 |
2.780 | 51249 | 9 |
2.790 | 8628 | 4 |
2.800 | 105086 | 8 |
2.810 | 817 | 1 |
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