Yes, for the first time, they mentioned 2p.
Looks like they have now settled on 448M barrels instead the lofty figures of 500 to 600M barrels.
Good IMHO, as it allows the market to properly price this.
The oil asset is there, no doubt about this.
Should be ok for anyone who is prepared to go long from here. There is light (finally) at the end of the tunnel.
Ann: Investor Presentation - RIU Good Oil Conference, page-5
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Mkt cap ! $43.89M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
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| 2 | 30393 | 47.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 10000 | 1 |
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