daytrading july 17 morning, page-126

Hot TPT has been and is being accumulated

break of 25c will set up next stop 30c




ADX other than lack of funding which I know is a big issue cant see why their projects havent gone into production if its as great as they claim as they have claimed prospective resources of 1.2Billion Barrels and reserves 226M barrels even a scoping study


"NPV, 90 $/bbl ADX mean Scenario
•Contractor NPV 1406 MM$
•Total CAPEX 367 MM$
•Reserves 226mmbbl
•Production 2017-2037
•PSC 40% cost oil
•Oil price: 90 US$/bbl 2014
•Inflation 2.5% p.a"

But something doesnt add up market cap under $10m NPV close to $1.5Billion, the market misses stuff but not like this

If it were this good they would be capped at 20x this or taken over so logic says something aint right

Is Psi the go to Oil boy?