RE: $3.00 Agreed, the MRP highs were before the Euro mess, we are living in a different world now and any gains are much harder fought for now, even harder to make them stick.
On a good NI51 upgrade i can see 40c, if we can get increased flow/completion for TSB-1 we would see a little more 60c maybe. These are the types of targets i am considering.
As for $3.00. Yes, maybe 2014/5 with a couple of wells producing and booked reserves.
I believe this company is very well placed long term, the field potential is very high, but the Euro mess is raising its ugly head again with the downgrade, so we may see general weakness in markets generally again in the short term.
I continue to hold for the long term here, as news is expected in Jan.
GLTA.