RE: ASX & Chi-X (AUD)19 Feb 2020 08:47
All you have to do is look at the fundamentals:
* 1.6B barrels - 480M net
* 3D Inversion
* Respected partner PMO - chosen after 8 months of DD and negotiations
* PMO's focus is 1B barrels in the Torok
* $23M PMO contribution towards drilling costs
* One of the largest drills anywhere in 2020
* A deal THREE YEARS in the making
The Nordic 3 rig starts to move this Saturday subject to favourable weather conditions. Spudding in SEVEN working days.
It's entirely in your own hands - INVEST, HOLD, SELL or LEAVE WELL ALONE
Good luck.
* 88E managed drill