Was at a company presentation at lunchtime, David Wall spoke well but there was not a lot of new info but a couple of points of interest :
- mentioned spud in the next "few days'
- GALP have calculated chance of success at 29% for Trident (as opposed to 21%)
- Described the upcoming drill as a bet - success could be worth $4billion to the shareprice, multiple of 40 times current price, duster will see it under 10c
- suggested a find of 30mmbl + would be economic
TPT Price at posting:
26.2¢ Sentiment: Buy Disclosure: Held