Mar. 28 at 1:12 PM
$GLND $BLLYF $HAL
The last time a test well was attempted in Greenland was early 1990s, new drilling and seismic interpretation technology has completely changed the odds of success. With low lifting cost of
$25 the payoff could be massive. Stock price of more than
$3000 in next 5 years would be low end if wells are successful.
https://globalenergynetwork.net/news-item/greenlands-untested-oil-basin-could-be-the-next-big-discovery/