It was inevitable that we would move up when approaching our…
high impact well
- If Daydream-2 flows gas from the deep coals – contingent resources will very materially increase
- A reasonable flow rate will also provide the key ingredient for an initial reserves booking
- The ratio of condensate (light oil) to gas in the raw gas stream will be verified
- Gas market interest will be strong given rapidly approaching supply shortfalls
There hasn’t been too much leaking in past.
It’s generally buying prior to expected news and then sell the news.
This time feels different as even Omega our neighbour has remained above 20c post a cr and are many months away from their horizontal drilling.
I think smart people are taking a position before the drill at Grandis.
Lots of eyes on this play by many many shrewd investors and maybe it’s our time to have them get in before it’s too late.
Time will tell but won’t be long till we find out!
“Elixir’s High Impact Appraisal Well is Imminent”
GPTAH
Cheers Peter
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Price($) | Vol. | No. |
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