It is unchanged because all information coming from the most recent announcement has been factored in by the analyst in his previous report - that is why it was a forecast and now the forecast is getting towards confirmation.
The market has been lukewarm to the recent announcement because it has anticipated a scenario from previous information and the SP has reflected that anticipation, and this scenario has now been confirmed.
When the company applied for a production license, skeptics think it is a game to get votes.
When the company announced flow rate is 380bpd, they questioned the water cut-off, tank size, sand in the oil, etc, etc.
What the company cannot confirm is the reservoir size, and when this is confirmed on the upside, the market will respond to it.
It is unchanged because all information coming from the most...
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