I agree the magic number was a flow rate of approx 600 BOEPD (SSN interest- 1800 total). This was missed so I sold half my shares, as I wish to keep and top up as the SP potentially comes down towards 3c. One can hope.
Looks like between 3-4c for sometime to come yet, but I really believe this will be a 20c stock next year with several wells on the go.
This well will generate some much needed income moving forward. No big sell off as yet... I thought the expectations were pricing it higher.
SSN Price at posting:
3.9¢ Sentiment: Hold Disclosure: Held
