Even ~$25 might have been high balling it, we don't know jack yet.. how much more dilution through either the "advanced funding discussions", farm ins or cap raisings or anything. The salient point though is that this isn't another Valentine where you've got one shot to shoot your wad on one well to try and bring in a tcf in one hit in an unproven area. This is a proven, prospectable area with a methodical well by well approach. The factor of risk is so much lower on this than what we've been doing in the Canning. It's just more of a long term investment now. I'm very happy... from a <10c investment they can slash away at the initial back of the envelope calcs i mentioned in the last post as much as they want it's still going to be a multi-multi bagger if it comes off in any way.
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Even ~$25 might have been high balling it, we don't know jack...
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