there are a couple of things that set this Co apart from some of the other juniors in the basin IMO 1- Loads of cash, approx 10m 2-largest and latest 3-d data available 3-highly experienced management and technical team.
Can only guess at this stage when drilling will commence, but one thing is for sure- these guys wont rush in and waste shareholder money, they will make sure that they select the highest priority targets only after full examination of the geological and 3-d data.
this part of the Cooper basin is highly prospective for oil and gas, the recent innamincka discovery is sure to ramp up interest in other basin players. stay tuned
ODN Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held