IMO if this was the only news (& Friday's didn't happen) then we would be 15c already...
The ann clearly says our data has "proven comparable" to a nearby successful Nanushuk well...
IMO this grinds higher all day & finishes in the green because it is most definitely worth more today than what it was pre-drill news given we have intersected Nanushuk sands which have been "proven comparable"to a nearby successful Nanushuk well
The other thing of note is that there is clearly a 3rd party sniffing around already!! Given they've provided their data 1-day after initial results...
M&A is rife in the Nanushuk!
RMP Price at posting:
3.9¢ Sentiment: Buy Disclosure: Held