RE:larsen - Waskahigan well metricsHi barsax:
I have read with interest msg 179 over on your IV RMP bullboard. It still does not make full sense to me, but it certainly clarifies.
The EUR of the Waskahigan wells has kept going up and down this past year, and I was wondering if it was just the well performance driving it.
Ultimately, the risked NPV of RMP has gone down a bit due to this change.
What is most important to me are the upcoming well results in the next two weeks. This will either get us back to $6 in a hurry, or it may leave us in the mud. Hard to say if they will say anything about their 'confidential' well, but I certainly hope that they do.
Still very long on this stock. Like you I also have an aluminum helmet for foreseeing the future, and the constant selling at $5.40 - $5.50 also smells to me of someone trying to bring in a what now seems a 'great' offer of $6.50 to buy them out. Not sure if management would go for it.
GLTA,
Larsen6