Post by
eatmorefiber2 on Jan 21, 2021 11:00am
More Drill Rigs
More money for more rigs. This should compress timeline to the MRE unless they've identified a new target they want to drill. This is excellent news anyway you slice it.
Comment by
goldbuz on Jan 21, 2021 12:18pm
Right,you are. 2 rigs to drill deep, and one to run around drilling other targets. Those guys wouldn’t have paid $18.60 ps., if they didn’t think their returns wouldn’t be huge.
Comment by
Goaweigh on Jan 21, 2021 12:24pm
They aren't paying $ 18.60, on a tax adjusted basis they're paying less than $ 14.00
Comment by
goldbuz on Jan 21, 2021 1:15pm
I was going with gross payments and proceeds.It seemed way better that way.