I think that is very likely, but will be short term.
Also I am more interested in the pump reports and flow rates - if those aquafers flow freely the analysts will be able to do their sums - number of pumps x volume x grade of SOP x $$$.
That is when we should think about taking something off the table (maybe)
If you hold oppies through July/August you will have to be prepared to exercise them. Even if they are 'in the money' the trading might be slow. I shall be watching with interest and to learn as the contrary view is to buy oppies at the death and exercise.
I am going to throw down a very bold assessment of good pumps and JORC.
Its 27c heads for a mcap of 40mil and 16 buys 19 for the oppies.
APC Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held
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