All biased based on current holdings is always the way...anyway facts are we in production with a 3Mil pm supply. This alone is worth a good 40% more than current SP IMO. Later we have Gas Plant to obtain better NET Profit and probable Well 2. Hopeful Well 3.
Those selling in mid 30s in the hope to pickup in the 20s- wish you all the best.
Insto just paid 10-15% more for a large stake- all seems fine to me. So what if the Gas Plant to take 10 months instead of 6... plus it 3 Million cost instead of 2. Many ways to increase revenue going forward.
Just increased resources and we have a Well life of 20+ years. Not sure what everyone's problem really is. Also lets face it- Gas Plant could get through the ADMIN process a lot faster if paying off the right people in Ukraine. They all know the score over there... thus their success to date.
Cheers....
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All biased based on current holdings is always the way...anyway...
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