"Market Cap Double Covered"16 Apr 2018 18:57
Ed Dawson - His words "We don�t know from the flow test whether Selva is bigger or smaller than expected, but we do know the well itself is much more productive than historical wells that had influenced our pre-test expectations. The pressure is stronger than expected and a modern well drilled in 2017 will, intuitively, likely be more productive than the original ones drilled in the 1980s. I believe our current �5.2m market cap is more than double covered today by Selva�s NPV." This will probably have helped today as this is reference without Romania and Spain. Perhaps PXOG is about to go hit the radars? Let's hope so! Good luck all holders