Surely will go lower in the short term as people are offered a rights issue at 1.2c and placement clients realize profits.
And what will AKW do with their shares?
Permian assets are being valued on production - 40BOPD X $100K = $4million. It will be upto SG and crew to roll up their sleeves and icrease production. It shouldn't be too hard if they apply themselves.
permian basin, page-81
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