Junior...If we hit $1.00 before results I would probably be taking out my original stake and letting the rest ride. Georgia is still very underexplored, there has been a big discovery in the 70s in the samgori field and CanArgo has had some successes there but Georgia is still a big unknown when it comes to significant commercial oil fields imo and thus risky but also potentially very rewarding should we hit one of those 100mbl+ targets.
Range have taken there time with Georgia and going off all previous data/seismics and the helium testing we probably have a fair chance of success.
But for me Puntland is the elephant. Everyone in the business knows there could be an ocean of oil under Puntland and as Big Pete says "it's now or never".
Imo/good luck
thefozzer
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