Bids up to 27 cents. Still too low - 35 to 40 cents is fair value before flow rates, that is, market cap of 34M.
As t4p said yesterday, wouldn't be surprised at all if it cruised through 50 cents soon, and then up through $1 if they said bang bang, we're targeting, say, 100BCF gas or 20 mmboes oil in the Po Valley.
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