Good question, I guess you're really asking whether or not Kurnia will be commercial. If so, it's goodbye to $1 forever. If not, it's probably back to 60c.
Personally, I think Kurnia will deliver. It will take a while to work up the prospect with more appraisal drilling before they can conclude a total reservoir size but I'm pretty confident of a decent flow this week, which should move us clear of $1 forever. And with Gurame around the corner and 2,000bopd from the Cooper Basin we could be closer to $2 than we think.
qn for long term holders, page-2
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21.5¢ |
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| Open | High | Low | Value | Volume |
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