Two drills and one FID make a 9 bagger, theoretically. But it has risks. CHAR disappointed in its most recent drill. Yet the reservoirs are there and Auctus put the chance of success at 85%. Those are good odds.
At least it's not me that can be accused of ramping!
CHAR received several farm out offers for Anchois. If results of this approsal well are good (and they are odds on to be good) then there will likely be a bidding war for the CHAR