0.002 Stack Cleared - here we go!, page-2

Yes Red. That was a $38K buy!!
I reckon their June Q or Half Yearly financial statements will be a key to seeing where we actually stand. The numbers stated in their ann and their presentation need to be validated to convince the hesitant ones into believing the value of both deals.
But, just in the latest deal, with the numbers that they have stated, they suggest that the purchase price will be returned in 12 months from 1 January 2016 and that's at current oil prices. They really are very nicely leveraged at these prices to strongly benefit the bottom line if those predicted increases in the POO do occur.
The charts also indicate that the current production rates are predicted to taper down and I'd be guessing that quite a bit of dough (which they say they have) will be put into further developing their leases and in particular to work towards increasing those flow rates.
To just retain the status quo is no "company maker", it really just keeps the company viable and will definitely need further stimulus for us to be seeing any significant increases in the SP from these levels.

But it's a full 180 degree revolution for mine, out of Indonesia, into Australia, cash flow positive, no debt and in one of the most prospective and sought after oil/gas properties in Australia with huge opportunities for expansion. BIG change!!!!
Shareholders should be very relieved after what they have been through and and how the future seemed to be so bleak, if in fact, it had any future at all.
Now, let's see if the new management can take advantage of this great opportunity and provide some reward for the patience shown by their long suffering shareholders who are still way down on their original investments. One step at a time from here.