IMO - I don't think good production numbers will do anything for the share price in the short term. We may see a small spike, but nothing substantial/sustaining.
We really need the macro environment to pick up, and the oil price to be back at $90-$100, that's when we will have the big up tick in share price. We are fully hedged, no debt and solid production, but the market doesn't care because oil stocks have such poor sentiment atm. Hopefully I am wrong.
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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6 | 5083666 | 0.002 |
4 | 51800500 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.005 | 4300000 | 4 |
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