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https://www.oilandgasonline.com/doc/new-oil-zone-found-in-ninotsminda-georgia-0001
Although another old article there is a map showing blocks areas of interest. Also gives confidence that we are in an area with lots of oil/gas.
GLA
We have had a lot of volume since the rns on the 21st. I think maybe the TR1 announcement has been worked since then. Perhaps he is done for now and the Sp is taking a bit of a breather in anticipation of the hopefully amazing update in the near future. Fingers crossed good luck all and have a great weekend. Come on England.
On valuation the best Alaskan metric we have is the November 2017 sale for $850m at $3.1 a barrel to the “PNG Aussie†Oil Search Company. This was shortly after the Horseshoe discovery 4 miles from Winx. What makes the valuation probably still relevant is oil was $50 then so similar to now. Think this could give an idea of value of oil in the ground. GLA
I like that valuation let’s hope todays presentation opens a few eyes to the potential value here.
Very excited about the winx well. The upside on a successful drill is immense. GLA