The set up seems unbelievable here. I’ve seen similar O&G plays trade many multiples above our current market cap.
There’s two bags from 5 cents to get us to fair value, this is prior to any substantial news. We should be sitting in a trading range of 10-15 cents currently.
With 3d analysis which is due anytime we could see a resource upgrade and confirmation.
I know this one has been an extremely long burn for some investors but I believe value is going to be realised here within the next 6 months.
Ann: Quarterly Activities Report, page-154
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