SXY going off on todays announcement. OGY 20% free carried in the same well.
Market cap 12 mill at 2.2 centd, recent deal leaves them with 3 mill cash and by some calculations on the thread 6 mill revenue per annum from todays discovery. Their exploration is also free carried for the next 12 months in the Cooper Basin.
daytrading august 23 afternoon, page-120
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