Surely the idea of a reasonable target should be based on the actual resource estimates rather than the announcement?
Whilst I share your enthusiasm, your comments and other posts remind me of the original phoenix discovery in 2014. The latest announcement shows that this is still a highly speculative stock, not many people picked this well for a duster after the last phoenix. I think this reminder that this is still prospective and their model of the field is not perfect.
Opinions on week ahead?, page-22
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