RE:If the flow rates on the second test were restricted Goaweigh, I personally don't put a lot of stake in numbers at this point in the process but yours and others I have seen are certainly feasible based on what we know so far. Although the second test was positive it merely reaffirmed the first test and took another nibble out of derisking the play and have seen a modest increase in the stock price. I don't generally give predictions because there are so many factors yet to play out (some we are aware of and others that we are not) but I think the next big catalyst is the D&M NI 51-101 compliant resource assessment which will be timed to include the aggregate test results in early 2018. That is the tool that will allow management to talk about what the size of the prize and use it as leverage in any negotiation with potental suitors that are undoubtedly watching with interest. The company has always talked about their "exit strategy" and how long they want to continue to "play". I have confidence based their history with previous companies and what we have seen thus far with Valeura that Management will make the right decision for shareholders of when to exit based on how far the project has been derisked, the potential and the offer(s) on the table.
Its amazing what's happening now and I am happy particularly for the loooongs that have been around for several years (including myself with a lot of averaging down) and what is expected to happen in the next few months.
Good luck to all....