SNV is Approaching the START LineWith drilling of the Waseca set to start in the coming few days and persistent rumours and recent commentt about a mega-transation in the MENA region - sonoro is on the start line to a period of growth and outperformance.
The significant volume in the last few days is likely insiders or at least those in the know filling up before an annoiuncment in the coming week. Sonoro should perform strongly before the announcement of drilling. This is a very low risk well spudded in a well constrained channel sand along strike for significant production. Success here will see the drilling of multiple wells and that will generate near continuous news flow.
The endgame for Sonoro is well off into 2024-25