""IF"" Tyringa yields a similar result to Kiana, I think a sp of 28c is not far fetched.
SP appreciated from 18c to level off at 23c (up 5c)on the Kiana discovery.
If Tyringa is a duster its back to low 20's imo
However, the sp should attract a premium for a while with 9 more wells scheduled over the next 9 months whereby GOG has farmed out much of the costs,(despite have $8mil in the bank)
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- resistance at 26.5 on my charts
GOG
great artesian oil & gas limited
resistance at 26.5 on my charts, page-5
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