Agreed but that's harder to estimate as it depends on how many production wells are sunk and the rate of production, they can also use enhanced recovery methods so to many variables ....... best just trying to get an idea of the total reservoir and from there get the value to Wolf and that will give a rough idea of the MC ................ its really all a big guess and we will never know until a few wells are sunk and they report what has been found, hopefully that will be sometime next year.
WOF Price at posting:
6.0¢ Sentiment: Buy Disclosure: Held