I think it's important to keep this in mind during times like these.. IMO if we get a positive update on farm out the price will recover to 6.5c in the blink of an eye.
".. 3.4m barrells of oil in a hot location..."
".. biggest majors you can imagine..."
".. we will update the market regarding the farm out process in December.."
".. timeline stating the farm out to be completed by March (even if it is just the formal process, we may know a partner earlier).."
".. Steve is working through the holidays.."
".. Performance bonuses for management.."
".. Hiring new staff.."
".. Steve's experience and knowledge with the oil and gas industry.."
".. WA acerage aquisition, with Shell to be drilling early next year.."
".. our small market cap compared to potential oil deposits.."
".. Hartley's price target of 9 cents by end of year .."
".. price of oil at around $100 a barrel.."
That's all the points i can remember for now, but just remember it will get better.. let the nervous nellies sell.. short term pain for long term gain..
All IMO.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
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1 | 250000 | 0.006 |
2 | 200000 | 0.005 |
Price($) | Vol. | No. |
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