BUY 0.00% 0.5¢ bounty oil & gas nl

I bought back in on the dump.Probably like many others who got...

  1. 6,029 Posts.
    I bought back in on the dump.

    Probably like many others who got smashed by the PEP duster, I have continued to watch the stock

    11H was supposed to be done in Feb, and obvioulsy the flooding ruined that plan.

    The significance of 11H, is that success will see a way of increasing production at the site. Current production is tiny, so such a change would assist in overall income growth

    SP wont go through the roof on success, but will certainly climb out of the low 3's

    Post PEP crash was mid 4.5's, so IMO the SP will full somewhere in the range of 3.5 to 4.5 on completion of drill
 
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