Not taking any credence away from what you are saying, and I totally agree that we should have continued to do the flow test straight after drilling.
A question that I have is:, Does the well need to have the production casing in place and perforated before the flow test?? Hopefully one of the Geo's could answer that?
My thoughts are that even if we did flow test straight after drilling I think the way the market conditions are overall at this time, the SP would not have climbed that much.
There appears to be a lack of retail investors and that is also reflected in the brokers participation in the market.
Add to that Shorter's playing games does not build confidence in the market.
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3 | 67678 | 0.069 |
5 | 74028 | 0.068 |
7 | 616915 | 0.067 |
9 | 377752 | 0.066 |
Price($) | Vol. | No. |
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0.070 | 119610 | 2 |
0.071 | 317487 | 2 |
0.072 | 350120 | 4 |
0.076 | 380000 | 1 |
0.077 | 150000 | 1 |
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