there is some pretty serious upside from this drilling and the other 3 drillings. I think the market woke up to this a little better after the AGM presentation.
Note how they do not have any BS figures misleading everyone about how much per share each find could be worth etc like other disreputable players have (immediately before a capital raising usually).
I suspect they have a very good idea internally of the potential gains to be made all the same. I mean, they bought and bought and bought the shares on market for severals months and also did a buyback when the "Saturn went behind Jupiter" brigade were falling over themselves at 40 cents to get out, and they were so unloved, and as soon as they sink the drill bit, hey presto 64 cents.
That's a 50% gain folks. This was so obvious. And I think $1 on any successful strike is very possible.
I think the mgmt (who have had a huge bagging in the chat rooms) are very shrewd.
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