Besides a big party, I was wondering what happens if the announcement says they have hit hydrocarbons?
I know the price will rise but by how much and how quick?
For example when i was watching ego, from the time they had positive news the price went up every day for the following week as they were giving daily reports.
I admit I do not know much about oil and gas drilling or how they work out flowrates.
I do like a punt though. Looking at jn's chart I am wondering how long before those price would be reached.
TNP Price at posting:
10.5¢ Sentiment: Hold Disclosure: Held