GREY:SOGAF - Post by User
Comment by
naive_investoron Mar 28, 2014 1:39pm
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Post# 22382723
RE:Pessimism running wild
RE:Pessimism running wildit's about time, Tank. Stream will take off and follow Bankers' path. The company has got more valuable resources than Bankers. Proved NPV is close to $190 MM. The nature of the reservoir is different than Bankers' - they have carbonate reserviors compared to Bankers' Sand reserviors. SP will take off after they turn on the gas tap and flow the gas to TermoEnergy. Drilling is likely to find more gas. Oil production will also increase over time as by now they should have understood the nature of the reservior after so many trials and errors.