lol if RAI where on there verge of drilling in New Zealand where the success case would be $1.50 I can say with some confidence the share price would be alot higher than it is now
Buy Early Sell Before Spud how early is up to each person but I like to buy real early get set and forget then sell into the hype
Of course you can always wait and see if Cadlao is resolved and then buy in a few weeks before the spud of NZ but Im guessing you will be paying 9c-12c+
NZO CUE and others are lining up a few rigs for NZ drilling early next year, Id say good chance this high impact well will get a look
RAI Price at posting:
2.4¢ Sentiment: LT Buy Disclosure: Held