Wouldnt be surprised that this one plays out like an AED and reserves known before drilling. Whispers of 100 million for AED been around long before they announced it a few weeks ago, reserves known before drilling. I have a feeling this might be the case with CIG. I have been led to believe 20c short term, thats a gimme, then up to 50-60 and possiby a $ down the track. I hold and confidently too.
CIG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held