ok DreamCatcher...I'll bite and put a toe in the water here (setting myself up here .. I know) :-)
Here's my guess... from discussions with people involved I know they are expecting 10/11c if the wells hit pay dirt. I hope they are right but with the extra stock on issue and probably a bit of overhang from the previous shell..my GUESS if the drilling is succesful (given the rather large quantities of possible reserves), I would expect that 6c-7c is not out of the question. I for one would be happy with that as a new level .....
Would love to hear other people's views...realizing we are all just having a crack at this stage and nobody will know for sure. Any other guesstimates that we can flush out? :-)
TNP Price at posting:
2.4¢ Sentiment: None Disclosure: Held
