$4.50 would be a 2-3 month goal as they progressively bring out good news.
1. Hedging is finished. 2. JV announced 3. Bills paid hehehehehe 4. pumping oil again monday. 5. repairs to wells and/or new wells successfully working.
read carefully Further, the independent technical advisor’s draft Phase 2 report has now been received and confirms that there is a high likelihood of effective remediation of the Puffin 7 well, with the prospect of an initial increase in oil production by a factor of *****2 - 3**** times existing production levels. The Company believes a remediation program could be implemented on a cost effective basis within an 8 week timeframe subject to procurement schedules
2-3x current within 8 weeks on a cost effective basis. i will hold this trade for 8 weeks at least.
dont suprised at where it reaches during that period.
cheers
AED Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held