RE: RMP Twitter Post3 Mar 2019 19:54
the fact they said that oil was around the 4500ft level and it came in at lower threshold for commerciality, proves seismic
Horseshoe had no oil at seabee but did at 4500ft which was water saturated and at 5000ft.
I remember the Armstrong interview where he said he got a call by his guyin the night that said we hit it and got another call in morning saying we are still in it.
my average was slightly over 4p but i sold in morning and in afternoon repurchased again, whats losing another 15% of my total investment. if it doesnt come in.
company will still be valued at around 1p as they will have $5m in bank and the 1.6tcf asset in Philippines. MKt cap of 5.2m will be about right..