Yes Kitale the character of a junior oilers success is quite different to something like an established player which relies on incremental growth.
If 105 comes in at the NSAI figures its not incremental growth it will be transformational. The present asset base will go up several multiples.
The day before HDR hit the motherload they traded in the mid 30's. The next day out comes the news in an ASX announcement and the sp went straight up to $1. It peaked at $1.10 that day, attaining $1.30 over the next couple of weeks.
- Forums
- ASX - By Stock
- buy time
Yes Kitale the character of a junior oilers success is quite...
-
- 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)
Featured News
Add NEN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online