I can't disagree with you. I was looking at (conservative) sustained averages. I wouldn't like to get anyones hopes up - especially mine. I believe there may be some massive rises and falls in between. I hope I've left my trading days, on this share, behind me - but once a trader..........................
why would one need to look at other fields? if you read the RNS it they are targeting 2mcfpd, from the shut in wells it does not say 2mcfpd per well. I also dont think they are targeting 2mcfpd in the future for now it id 2mcfpd as per the rns.
Take a look at half a dozen gas fields at random, see what they are showing after test drilling and what they have in reserve. 2mcfpd for multiple wells? At 2mcfpd per well id say that would be one of the smallest reports Ive seen. FRR are going to be great value for all down the line I am sure of it and the next few weeks will see a big corner turned. The pipe they are laying, would be massively underutilised and I am sure it is not going to be 2mcfpd matey imo. Ref post by hereward at 13.45 today its all about that type of timeframe for me as well. No hurry.
According to my spreadsheet (which is all about CGT- yes I am optimistic) and is pure speculation, about 12.5p - 15p when the boom starts in 2017 and rising to 35p - 40p over the production phase. I did have it higher but didn't want to start receiving Christmas cards from HMRC.
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