Post by
Frank007 on Mar 02, 2023 11:44am
The way I see it going …
First keep nibbling at this share price level .....once all the news is out on wei 1 ....they will hold the shares between $14/$15...even though that is under valued ...fec will start to accumulate Hugh Gibbs of cash as expenses from the wei 1 well will stop ....2 years of Hugh cash accumulation and as kcac was indicating the port will be built and then ...either a farm in at our term or a total sale either way this could be a $100 stock ...
Comment by
fishfanactic on Mar 02, 2023 12:34pm
Frontera can drill another appraisal well and show the market they have a huge deposit. Maybe in the.central section which may identify the scope after flow testing of Wei. If this turns into a billion barrels deposit the majors will be begging for a piece..With the ease of this drilling on Wei maybe rig time costs comes down for more drilling. Either way I think we are in a good spot