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HUGE UPSIDE IN 2021 & BEYOND, page-92

  1. debono
    23,003 Posts.
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    08/02/21
    20:19
    Post #: 50807048
    It is based on the estimated resource when announced. It might take a number of drills to extract the estimated resource (or it might not). Lets wait and see the report first. If there is the potential of 10tcf then I couldn't careless if they drop another half a dozen drills to recover it. The share price will factor in the total recoverable even before they drill a second well. Only failures will see a subsequent price decline imo.
    XST Price at posting: 1.6¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 16  Upvote
    lightbulb Created with Sketch.  Great analysis
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