RE: MATD19 Sep 2024 13:29
Thing is you are both in different situations, one in, tother out..
Question is,,, is it buying time, and will it drop below 2p placing price... So now its downside vs Upside
Gobi is the highest risk, potential to drop the price 40% if it was a big drill for the company, but it should'nt be providing both Heron 1 & 2 produce..there is also the potential for a speculative pump, and Gobi results a way off
Heron 2 is just 600m away in a producing field, map be 3D( I think), so chances are good.. But is that 600m a cautious step out to the south as PCs licence covers the northern part of this formation..