Studies undertaken from cores, will be the basis for design of the screens. I doubt we will see actual specifics of the screens, presented in stock exchange announcements....such information may be commercial in confidence. The company may seek to initially leverage off success from the screens, with adjoining contract holders. In particular as GGX also own drill rigs. (But these comments, just a guess as I am not really sure).
The 2nd point, with oil price moving strongly higher....it would be my view now, that the company will proceed to become an oil producer. The business model is simple, very low additional capex and highly profitable, until taxes kick in. Too much to like about that burst of free cash, for GGX to not proceed.
What it means surely, is some SP appreciation. (even should we be only 200 barrels per day). Getting close now to some real action with this company.
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