RE: dreamers1 Sep 2018 17:42
Personally, I think the likes of 20p is achievable, but only further down the line, perhaps once in production in 2019 (assuming everything proves up), but it would probably need a bigger fish coming in with a partnership/takeover offer at a premium to achieve this level. Possible Mid-2019 target SP if good news continues?
Short term, I think commerciality of the Portland with a decent flow rate could go to the 3.5p to 4.5p range, maybe a little more with sentiment, This level may attract some additional II interest.
Difficult to predict thereafter as too many variables to be factored in currently imo.
gla