RE: How does the 88e news effect the SP here?6 Nov 2023 17:57
Here's what Olderwiser says on the 88E board
"Without a flow test of the BFF at Hickory, it will remain of questionable value, as the flow rate is a key factor in ultimate expected recovery from each well. The cost of drilling , completion, capital and operation must be substantially exceeded by the saleable liquids to be of any value to an investor."
However, this applies equally to PANR. Hence the scepticism regarding financing.