Last trade was 29p on AIM last night which is AUD 0.69 I thought the Poms would have been more impressed with Jaguar announcement than the sp suggests. Lot of oilers looking cheap now with POO coming off the boil The inferred upside for EXR (should Jaguar be successful ), is so huge, perhaps no-one believes it I re-read the competent persons report in the AIM listing document, and even the lower case scenario for Jaguar estimates a prospective resource of 130 mmstb net to EXR Anyway, its early days yet and I'm sure the sp will appreciate significantly in the leadup to the Jaguar spud. Also wouldnt be surprised to see some additional farmout deals done in the meantime. It would be nice to see the sp over 1.00 pre spud. I could selldown my holding to retrieve my intial investment and still have a sizable amount to be free carried thru the drill
EXR Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
