What are we waiting for2 Jan 2020 19:44
Hello fellow shareholders, I was wondering if someone can answer my question.
Are we expecting a significant increase in the share price once positive results are given in the Q1 update? The positive results, I believe, are related to Lancaster, this is from the latest company announcement:
Production will continue from the 6 Well on a standalone basis until late January, at which point both wells will be flowed concurrently. Results from the tests will be presented at the Company's Q1 2020 Capital Markets Day. The Company has previously outlined that it will take six to twelve months of steady state production before it is able to confirm its reservoir model and continues to see this timeline as an appropriate horizon.
Is this what we’re waiting on? Is that our D day?