I’m as excited as anyone, but reality check time 1) Using baseball analogies: 0.2 mmcf that's floating around was the low hurdle at Ina, but it's probably a sac fly now. 0.6 mmcf at Dev would be a bloop single. 1.0 mmcf would be a line drive double. 1.5+ would be a standup triple and anything higher would be a home run. Let's not even talk about grand salamis as that would be getting ahead of ourselves.
2) if results are good to very good I still call $3.50+ by Xmas. If the test results are positive, the big boys hoping to make their pound of flesh on the secondary financing will offer share price support. GMP and Canaccord both sitting at $8 and $9.
3) I love the asymmetrical risk to opportunity here. I love it at this price, having found gas in every zone. I love it how we're sitting on the best initial flow results of any zone. I love the macro setup for VLE in Turkey. So many more, things to like about the opportunity her and now at this price. However, a cautionary bit of wisdom to newbie traders: don't size your bet bigger than you can afford to lose. This like every resource play has a degree of speculation to it. Even with a 99% 'sure thing' hand in poker if you bet your stack enough times, you will eventually end up at zero if an opponent catches a river card even once. If that doesn't make sense, look up the difference between time averages and ensemble averages.
4) Have a great weekend everyone. Only 19 days until Christmas.