If the resource is something in the vicinity of 1Tcf, then my $6.80 would shift to $23. I like to stay very conservative and so have come up with a figure of about 70% of the original mean/2P target.
$37.24 is no doubt possible, but I'd rather stay on the other side of the fence in the short to medium term.
If the sp heads north in a very big way, this site will become congested with members seeking guidance and so members must understand that they should, at the very least, draft up a plan which meets their individual circumstance.
Good luck to all come Monday.
GDN Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held