Fishinnick your so off the mark.
Maybe you should stick to the technicals because I dont feel you fully understand fundamental investing.
If Paradise deep comes off and we have 20+ TCF along with hundreds of millions of barrels of liquids what is she worth? I'm certain the proposed Asgard well will have similar shows in the Laurel because the historic St Georges Range-1 well on license L10-7 had gas shows in the Laurel and this well is located South-east of the proposed Asgard location. Add in the Ugani oil province and the Yulleroo accumulation and what should we be valued at? The prior Yulleroo wells ended in gas in the Laurel formation. What about all the other structures that we haven't even drilled yet?
The market cap should be higher but it will be higher with time as they continue to drill. The same thing happened with the likes of PES, AOE and QGC.
They kept drilling and drilling and the share price reacted when they booked reserves.
In my opinion I have no doubt that the Laurel is fully charged. Be patient and lock them away.
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