More risk eliminated...
Morning. Solid update. What it has done IMO is further reduce the risk side of the equation. It was already weighted more toward the reward side, but now it is looking even more probable that we could have economical oil production. The significance of economic oil in this first well is huge when you look at the formation and the rest of the land package / targets. I certainly expect a ramp up in SP over the next 2-3 weeks leading up to the number we have all been waiting patiently for. Very exciting story unfolding here. Just too many positives to ignore. That April interview is a great read for any new investors watching from the sidelines right now. The opportunity to enter now at these levels is extroidinary given everything that we already know. If overall market sentiment was different, who knows where we would be right now. Sentiment has less influence when you are staring at a hard number though! We shall see. Should be an active few weeks here as the story spreads. Cheers. K