Agreed re the $42M to $84M jump.
I reckon there will be opportunities to pick up shares at 0.001 when trading resumes. I'll forego a 25% profit but I can buy in when Lakes' has met some of their milestones.
A comparative gas explorer Vintage Energy (disclaimer, I hold VEN) has 2P reserves of 50 PJ in their Vali field, and sales/processing agreements firming up with production expected mid year and its market cap is currently $60M.
Based on this I doubt If Wellesley-2 is successful I doubt the SP will jump from 0.001 to 0.002. I think I'll wait until the result of Wellesley-2 is known before buying in
Agreed re the $42M to $84M jump. I reckon there will be...
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