Like I just wrote in a reply to O&G Investor, just do a quick calculation at what price MBL got the gas from us for, and then see how many will be willing to pay that price per Gj. Especially when they have first choice at getting it, if and when it will be produced that is. And STO will have to get their share of the production too.
And don't forget that there has to be a date that the gas will have to be supplied too in order t complete the deal..
I remember someone in these threads saying that after that announcement the share price would have claimed to unreal levels..........once we hit the 10 cents, bingo, strap yourself and buckle up because the sp would jump to anything between 18 cents and even 30 cents per share. But guess what...........apparently someone didn't believe in that story and the share price is falling instead. GO FIGURE!!!!
Anyway time will tell.
CTP Price at posting:
9.4¢ Sentiment: None Disclosure: Held
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