RE: positive developmentThis play has just completely changed.
Exall just went from a small company trying to squeeze out as much production as they could from a small resource, to an exploration play with unknown upside with tones of land.
The focus has just changed on this company, from small producer, to company developing a large new resorce with cash flow from a nice proven exsiting play. With modern technologies these types of oil bearing zones have become very profitable.
Good luck to all the longs and good luck to EE.
If the target was 2.40 before, just wait, if they can exploit this new play we could easily double
that
Let’s prove up a large resource.
Life learner