Picked up some today at 17c.
Drill delays occur all the time - the big panic sell off today was way over the top.
The estimate from management in their investor presentation for the current drilling is if they strike oil at the inital target AUJ will be worth 50c plus! If they strike oil at the secondary target AUJ will be worth over $1.50!!!
Cash and liquid investment backing per share is 15c.
Unbelievable potential reward for minimal risk.
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- the risk/reward was compelling - i'm in
the risk/reward was compelling - i'm in
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