Hemi MRE was only 2 weeks ago (and it has traded slightly down since). It's way too early to say there's no discernable orphan period here it has literally just begun. I dont follow it closely since I sold out way too early in the mid-70's but with a 9Moz resource 60% inferred (and as pointed out above an eye-watering MC to boot) it will be difficult for them to make anything more than marginal improvements to the whopping 9Moz I would have thought especially as (I assume...as I said not close to it any more) drilling switches focus from expanison to firm up the inferred resources...5.1 Moz still inferred sounds like an awful lot of not very exciting news flow coming up to me.
What is your exit plan?, page-23
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