Agree with the sentiment that much of the funds will stay in RIA as drilling commences.
Although I play the BESBS game, this drilling does give the extra security of being more of an appraisal well rather than straight wildcat. That said, only the drill bit can confirm what the company hopes.
As a BESBS play (given I am set at 26.5c), one could sell to be 'free-carried' prior to spud and then hold the remainder for early 'positive announcements' if they come as hoped.
RIA does offer plenty of different ways for traders/speculators to play this drill. Provided that we don't get any delays, Feb/March could be great fun!
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