As I said early, however sb moderated my post.
More sellers will quit this gamble before the spud.
Whoever trust their luck, already put the bet long time ago.
Some posters conunt on new buyers to join the gamble to pay $1.5, imo, No Way!
Finally no any big, bigger oil/gas player put 1 cent in PEP11.
You can work out the chance of success, 50% at most.
No one here talk about the risk, I state again, there is a 75% chance that MMR will back to 5c.
Think about it.
I already reduced my position from $50k to $12k.
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