From AUCTUS 25/7/24 update:-
"Our unrisked NAV for Anshof including the possible reserves
is ~A$0.25 per share"
"A revised resources estimate at Welchau is expected to be published
in early September. This will incorporate the recent drilling results at
Welchau-1 including the much larger than expected gas column. "
''We re-iterate our target price of A$0.75 per share in line with our
ReNAV''
''We are not carrying any value for Italy yet where the
company holds ~19-66 mmbbl contingent resources''
Bring on Sept news, not long to wait!
Then there is October.
Not a Trump supporter,
but as he would say,
drill baby drill.
Ann: Operations Update - Appraisal, Exploration & Testing Program, page-9
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