Banter and General Comments .. BRK, page-9455

Sorry mate, but I don't make share price predictions as that is a meaningless exercise as will 100% be incorrect.

But I think it is fair to say sentiment at the moment over-rules any fundamentals for the small cap / mid cap producers on the ASX. High, risk high reward wells get attention while successful cashflow positive , low risk producers / developers that are not particularly sexy get brushed over. There are quite a few producers like CE1, CUE, HZN that are also trading on very low multiples so they are essentially in the same boat as we are at MC/OCF ratios of 2-4.

I will say, IMO if there is a substantial monetization even that applies to the whole SWISH asset base in your time frame ( would think there would be a deal of some sort within 8-12 months), then if it is a cash transaction, then I would expect a rerate similar to the net cash proceeds. If the event is JV or drilling partnerships, then I would expect a much lower re rate, with a climb as the production rates and cashflow increase. If there is a combination part sale, part JV then I would expect a re rate somewhere in between.

Can't do much more than that .

Cheers

Dan