G'day LOTM, my thoughts are that SXY will be doing there utmost...

G'day LOTM, my thoughts are that SXY will be doing there utmost to deliver a positive outcome from these 2 exploration wells, due to recent weakness in their own stock price, with market demanding results. I have also attached a image I drummed up from an SXY announcement (yellow portion is Dundinna 3D) you can see from my layman estimations targets (in green) -1are pretty sound, especially Hathi as this is a decent target. With 3D's offering strong probability when drilling & SXY keen to satisfy market will some good news, I feel this years drilling will have everyone's best intentions in mind.

For the record, I agree the royalty deal was pretty lame, although can't see this having to much impact on big picture, PGS really has SXY set on Oil & ORG deal set on unconventional. Thus, to a lesser extent deal does present a semi-low risk way to generate greater returns on portion cash on-hand (although more detail would be appreciated by holders)

Success in either of these 2 holes, drilling starts next week, will set the tone for the share price, as market cap remains around $10M, so a handy hit will have impact....GLTA