No production report last week, so its gotta be this week!
Should be a cracking end to the trading year with AOW showing the market the goods just before Xmas!
Production has historically been 30BOEPD & with these new acquisitions they've said they've seen a 10x increase to 300 BOEPD...
Confirmation this week should be just what the market is waiting for to validate the pivot in the company from a dog (lets call it what it was), to a diamond in the rough!
Those lucky enough to get on early, at these depressed prices, IMO will be primed to benefit from the company beginning to finally deliver on its transformational strategy.
I'm very much looking forward to see what AOW will deliver in 2019 as they themselves have projected an EBITDA of A19m for the calendar year - this is against the current mkt cap of 13m ...
AOW Price at posting:
2.2¢ Sentiment: Buy Disclosure: Held
