re: Ann: New Plays and Leads Show Further Pot... I guess their strategy (assuming no JV's) will be to discover enough oil and gas by drilling that a massive re-rate will occur to the Share price which will allow them to cap raise with minimal dilution. I can't see them going to Debt.
You would think that they will be a target for outright take over by one of the Oil/gas majors once some of the risk is gone by successful discovery. As they say in the presentation they have secured an entire oil and gas province which they own 100%. Must be the cheapest (or one of the Cheapest) plays in Australia at the moment. Even a transition from 2/Acre to a "Very modest" $10/acre is a 5 fold increase in price from where we are now.
It's coming ...then greater market has just not realized it yet... I'm buying the dips aggressively ... If all goes well you "could" retire on a stock like this one ...again assuming you have a large enough parcels of shares.
re: Ann: New Plays and Leads Show Further Pot... I guess their...
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)