LOL Shipstern, like your way of thinking. The impetus for the SP...

LOL Shipstern, like your way of thinking. The impetus for the SP {Apart from an almost trouble free run to TD, fraccing imminent etc} is the Big elephant in the room {Magna}imho.
They are definitely holders with a view to T/O if commercial flows from 77H. Their recent acquisition of further shares to bolster their 15% holding is being done with a view to not only taking a higher risk in the flow results but being in a position to pounce should those said flow results be commercial. They offer a bulwark in terms of tight hands prior to flow testing and a potential instant further windfall to SH should 77H provide a great result.

I would happily take the T/O rather than wait years for the field to be developed. Anyway it all comes down to the flow results. Let's hope for a trouble free fracc to begin with. Interesting and profitable {I feel} next few weeks.

GLTAH