Rock Lobster...I totally agree!Just too bad, some of those in the story now, or watching, don't even know the magnitude of what TAG is sitting on or how quickly it has the potential to grow. These wells are going to be horizontals NOT vertical wells with about 15-20 times the number of fracs in each over LONG distances....
Proximity to Europe, Brent pricing, infrastructure already in place to a signifiant degree, rig in the area ready to go in about a month...The excitement is just begining!
Even 1,200 to 1,500 BOEPD/well...(my lower end guess) multiply by a magnitude of 5 or even 6 wells....short term.
Well ...it speaks for itself.
I'm up to 45,000 shares as of friday, and bought the high...feeling quite comfortable as to where this stands as it has been de-risked substantially with todays news release.
Keep in mind Badwi, has done this value creation over and over...Look at his track record!
GLTA