It needs that big wow factor for the market to take notice I think we are severely below the radar atm. Fundamentally oil and gas stocks are on the move.
Let's say they've only ramped slightly to 500boep/d and profit margin is only $40/AUD.
That's still $7.3m a year and it's valued at $19m seems nuts.
Then we picked up Philippines for a song that was previously trying to be sold for $20m USD amid a severe oil price downturn, which has since doubled in price. Then we picked up an additional 30% in SC54 for a song.
I really fail to see why this isn't $50m
at least. They need to get on the soap box and start singing lol
Ann: Sacgasco to Advance Borba Hydrogen Project, page-79
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