"Slide 19 is worth a read. Implies they have already commenced the process of seeking a strategic investor and farm in partners"
And it also implies that an initial estimate of oil on the BU block is due in around a month!
If positive, both these factors could really send the sp flying!! The newsflow in the lead up to drilling next year has begun and there is plenty of ammo left in the tank for the remainder of this year!
Good to see the company finding a clear direction following the reverse takeover and capital raising. Its a great story and hopefully the geology doesnt disappoint. Still very much an unknown stock imo and I expect a significant increase in liquidity and sp over the next six months or so as we approach drilling
WOF Price at posting:
7.0¢ Sentiment: LT Buy Disclosure: Held
