what mid tier to major player wouldn't get board approval to undertake a farm in and pay something ridiculous like ÂŁ10mn to explore for 2bn boe?
risk / reward is like nothing else out there and a fraction of some exploration budgets.
Scott can and will play hardball on this. He is aligned. 1 of us and this is HIS dream.
resource upgrade has to come before end of the month.
2bn boe and a clear path to drill finance and this goes $300mn market cap..
after 20 years of investing in this type of play I cannot stress how rare a position this is for a junior company and its shareholders.
Possibly the last on shore
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3 | 243845 | 0.069 |
3 | 320000 | 0.068 |
2 | 254700 | 0.067 |
Price($) | Vol. | No. |
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0.072 | 12144 | 2 |
0.073 | 866000 | 5 |
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