"Do you see the stock a value proposition if J50 and NWZ-2 produce a combined quantity of 800 bopd?"
If the wells combined flow 800 bopd then I beleive that the current sp is at a substantial discount, and the options would be a good chance if that was being produced now, but until these figures are confirmed no significant re-rating will occur. If things run smoothly there's plenty of sp upside potential but I'm taking the cautious approach for the time being and waiting for some more details before diving back in.
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Open | High | Low | Value | Volume |
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2 | 300000 | 0.025 |
1 | 25000 | 0.023 |
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Price($) | Vol. | No. |
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0.036 | 40000 | 1 |
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