It was impossible to pursue conventional before unconventional.....

It was impossible to pursue conventional before unconventional.. cos almost all conventional prospective ground has been picked up during or after ice1 and ice2 drilling..

Now its a different situation..

-horseshoe farmin net 144mmbo financially covered.. in q1 2019.. high chance of success.
-western icewine.. 2 drills to be farmed out for q1 2019.. probably net 100 to 400mmbo 88e (at30%), depending on how many stacks can be pierced with a solitary drill
-yukon gold historic discovery of 120mmbo(??) to be verified by 3d.. results in q4 2019

Thats effectively about 350 to 650mmbo net that theyre going for in q1 2019.. (including yukon figure though)..

Yet before that the yukon gold figure will be closer to certainty... so considerable upside in overall value potential, even just going into year end..
Cos with 3d and historical discovery well, surely yukon should be valued at 1 buck per barrel with a very high %factor.. closer to 70 or 80% for example.. rather than 25% or so COS used in that recent broker valuation report on the conventional prospects.. so possibly add 100mill market cap worth to the 139 mill or so the recent broker report said was currently ok value (@2.5c level)..
Thatd bring ot back up to 4.3c..