It has low debt, if any company can survive it will be the one's with low debt and beautiful black gold to top up the bank account IMO. Have you read the financials ITS?
Oh and other things to look at are that they have great management with a proven track record, they have further areas to drill, the potential of a farming partner like BHP or Shell, we can look forward to the POO to rise which should take the SP with it.
What have I failed to mention SandyBeachs and crew?
The list of positive things to look forward to in this company goes on and others on this forum are sure to have more.
LG
demand for oil, page-6
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Last
82.0¢ |
Change
-0.030(3.53%) |
Mkt cap ! $187.0M | |||
| Open | High | Low | Value | Volume |
| 84.0¢ | 84.0¢ | 81.0¢ | $61.08K | 74.10K |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7341 | 81.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 85.0¢ | 3829 | 1 |
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| NDO (ASX) Chart |