looks like they are evaluating another potential gas zone at 16000ft and another fresh well. first option could be weeks, second option many months imo.
Lets hope short term that the first comes up trumps. The advantage of FUT is that they still have a very low mc and the sp hadnt gone for a big run on expectation.
The cash position is almost the mc at the moment so little downside. 1C OR EVEN 3C IS FAIRY LAND STUFF IMO.