RE: I see no reason why...23 Sep 2022 09:14
Current valuation is so low with a MC of only £4M, that any failure with the drill would likely send the valuation down to between 2-3M. On the flip side, a successful drill and you will see the MC in double figures.
Not for widows and orphans, but that’s the O&G sector for you.
Drill next week and approx 2 weeks to TD.
GLA