Absolutely agree with you on this. If Oil/Gas prices along with the AUD can stay in this range.... with added wells coming on stream and the next lot of production updates... this could easily be upgraded into the 60c range by mid/end of 2020. At the current price of 30c.... well you do the maths. We need to see some revenue number coming in later this year. Jeez, even if this doesn’t reach 60c in a year but conservatively hits 45c then it’s a solid 45-50% return. We will have ups and downs In the markets but fundamentals should prevail. All IMO and DYOR
SXY Price at posting:
30.5¢ Sentiment: Buy Disclosure: Held