interesting looking back at the morgans broker report when drilling sm6 they attached a 32c price tag to a successful drill based on 2P - at 5.8 mill barrels (for just that 1 well). if sm71 comes in good , at that or above - then we should be in for a nice share price run. In that report it pretty much puts zero value to sm71
it will also derisk the remaining leases and give "proof of concept" on what they are doing.
BYE Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held