We are now trading at Octobers high. This was the obvious first target. Once breached my TP is 4.5 to 5c. Assuming strong oil indications next week as we strike the alameda target my TP doubles to 9 to 10c. which should easily be achieved over the next 3 to 4 weeks.
The release of the promised resource assessment update supposedly in early February would certainly help achieve that target a lot earlier as would details of an appraisal well.
Punters should be aware a TH is very much on the cards Monday/Tuesday with an announcement Wednesday.
Fully invested. No intention of selling till double digits.
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