My take on the upcoming announcements is this: Reserves will be valued higher as oil price is way higher then last reserve report. Reserves will increase because of the additional drilling, and the P1, P2, P3 will shift to be more positive also because of the oil price increase. SP will go up but not significantly. Production bottleneck at 8000 bbl/d has to be fixed to get any more of a significant increase.

Cash is gushing in. SP should be a lot higher simply because of cash flow. Last year price was about $3.65-75(just a guess here) with no bitumen and lower NG and Oil price. Was it too high last year, is it too low now?