broker coverage

The ASX 300 milestone should also be great for retail investors to be exposed to new broker reports both domestically and internationally.

Today's gains are great, if they can hold and form a new base at this 46/47 c level, a news catalysts such as the announcement of the Joint venture partner should help push the SP to test the 59 cent high.

And oil prices keep heading north, spiking on supply related news.

http://www.theaustralian.com.au/business/markets/oil-over-110-on-reports-of-pipeline-explosion-in-saudi-arabia/story-e6frg91x-1226286874010


Great for cash flow from producing assets. With no debt on the balance sheet this stock in my opinion has to be one of the best spec stocks in this sector with much lower risk than the return may promise shareholders.