A decent announcement would be what is needed soon. It's a tough call with the oppies so close to expiry, ppl would possibly jump to see @>10c to fund their oppie conversion. Howwever I think another well coming online in the next 2 months would send the sp to 15c and even up to the high teens just on the anticipation of strong flow results. The company could be very clever here and secure a fair amount of capital from ob conversion.
TEX Price at posting:
9.9¢ Sentiment: Buy Disclosure: Held