Who possibly took up the offer when we could buy all month long well under the SPP price... I preferred to load up on market. Due to all proceeding to plan and reserves upgrade, etc, etc. As last broker report stated ST 3 month target near 70c could now be likely.
Overall market sentiment in smalls need to change a little IMO. Yet no doubt they will be up at those levels sometime in the future. IMO.
Happy with Well 1 being runs on the board for Coy... plus Well 2 reserves proven... good revenue being made and it being held back due to making own Gas Plant, so no one riding our back for 17% free carry after this. Then hopeful for positive Well 3... onwards and upwards.
Cheers
HOG Price at posting:
35.0¢ Sentiment: Buy Disclosure: Held