Good one.
Note that unrisk adjusted Stokes Bay/Valentine would be worth over $2 on success to Arc. Before they even start drilling these, in just a few short weeks you have Drakea spudding around now that could add $1, Perserverance that with their increased Wandoo share could also add around this, then Dunsborough.
In Yemen you have Al Magrabah drilling now followed by Reeb which combined could add 50c-$1.00.
What is on offer here is a good chance of some serious capital appreciation in the next few weeks. I don't care that the market doesn't recognise it, I'm after a decent oil or gas strike and reckon there is a good chance of getting one.
Good one. Note that unrisk adjusted Stokes Bay/Valentine would...
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