As long as it's treated as a punt , it definitely qualifies as a...

As long as it's treated as a punt , it definitely qualifies as a one , when your shares are valued at less than 1c a 20-30% change either way can happen in a heartbeat and in quiet times wouldn't have much liquidity

For me it's a longterm punt , a stock to put a small amount of capital in and then let it play out, things happen to slowly to watch constantly. At best the first well is 12 months away.


There are a few catalysts in the short term that may tweak the price for the short term but the real reward will only come from successfull drilling.

Cheers Whisky