apologies Gassed,
missed the "for example" part.
as for a GSA doubling Bow's share price, i would say no. that being, i believe the GSA is only as good as the land you are exploring/producing, and while it appears that Bows land has not been unlocked as far as gas production. So, say they had the same GSA as icon at the moment, they have the 3P requirement, but you wouldn't be presently convinced that they could actually convert it to legitimate production, therefore the GSA would not be worth what is on paper.
So imo, even a company with reserves and a GSA does not automatically make it, unless the end goal is not to actually fulfill the production side, but to build up your share price and sell.
Now the shale for Icn is a different story, and isn't in the same category of unlocking the gas, and i expect that this GSA will end up not being fulfilled due to timing, however that doesn't change the fact that icon will likely hold 40% of a pretty decent size resource.
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apologies Gassed, missed the "for example" part.as for a GSA...
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