Freehold, I have been a keen watcher of this thread, very usefull. Congratulations.
I offer my first pick here.
ACN (Acer Energy)
Both TA and FA positive.
TA steadily rising chart last two months,higher highs and lows with increasing volume, nothing dramatic but looks like careful accumulation.
FA. company is reworking 5 wells in Flax field with up to date technology with view to increase flows and reserves. Also plan to drill new well to confirm/disprove the theory Flax and Juniper fields connected. If positive this will prove old Innaminka`s claim of largest onshore oil field in Aus. Co. also has vigin undrilled leases in Darling Basin. This could well be a multi bagger. Excellent management with a detailed plan .
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HARANGA RESOURCES LIMITED.
Peter Batten, MD
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