Surprised we haven't seen a few more buyers about so far today. If the boy wonder is on a two week business trip as reported on advfn.....then you might expect that he will be returning to the office on Monday with a signed deal in his pocket.
Here are a few points I noted, in source link below;-
Providence is a good example. We estimate that after its funding it has in the order of $35m available for investment and working capital purposes. It has disclosed that it can drill a well in the Druid prospect in the Porcupine for an estimated $35m gross. This compares to the 2013 well on the Druid prospect, which reportedly cost over $200m to drill and complete.
Druid costs are covered – and Drombeg’s should also… Read More
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