junior oilers 16 february, page-22

  1. 1,317 Posts.
    re: junior oilers for stockanalyst G'day, be interested to know what your intentions would be regarding ARQ, TAP and AWE. Buy and hold or trade? I think these stocks, partic AWE and ARQ are going to be volatile for a while still, offering good trading opportunities. AWE is good long term but after Perth Basin has no drilling planned for months which means attention could go elsewhere. Need to watch ARQ's financials, still think a capital raising is a possibility. Lovely to have all that oil so close to Perth but developing producing fields costs money. What I know of TAP suggests it is good too long term but not in my basket of junior oilers. Perhaps it should be. Will look more closely at it this week
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.