RE: COUNTDOWN to V1 - Spud Around 5th June10 May 2023 12:45
RG27 - well said.
The only simple fact we know is that we still do not have the LP.
As for the oft mentioned Progressive report, simply this is a company sponsored research note and should be taken with a pinch of salt, albeit clearly there will be a SP rerate of some sort if the LP comes in and we strike oil with Velocirtaptor.
Oh, another fact - I have a significant position here. If the LP drags on much past June/July, I may consider reducing my position somewhat, if not entirely. Why? Because it will stink even more than it already does if the LP is not given by then, and I will begin to wonder if there really are some unsavoury things going on in the background.