Greggy i would like to see a gas BCF of 200 plus, the oil at this stage s not that relevant as any oil development will be off the back of oil appraisla of the other discoveries in the block the current SP is a function of completley lost investor interest,and who cna blame them .. its been an absolute punding for most, even recent buyers are down . given the low price even a moderately positive outcome would see a biggish rise in percentage terms to the mif to high teens imo.
i think the CPR will also focus many on the reesource of tbe block and that an atractive farm out is a likely outcome
RIA Price at posting:
9.7¢ Sentiment: LT Buy Disclosure: Held