Can't argue with sentiment. There is allot of scar tissue out there on AZZ.
I'm a recent arrival and thus I have missed the past disappointments.
Maybe, on the Law of Averages, its payday time and JF-1 will deliver.
The other thing I like is the Outlar result and that there is 3 more targets up dip from the Outlar-1 discovery. Good chance of delivering on Outlar 2, 3 & 4.
Lets not forget that Harrison 2 is about to be spuded as well. H1 came in, H2 may as well.
I'd like to see the company focus itself on drilling development wells i.e Outlar rather than going for gold with the JF-1's until they are self funding. i.e develope the low risk, appraisal/development wells and then use cashflow to fund the big expensive ones.
But its done now, the wells down and cased and getting prepped for testing.
Fingers crossed
AZZ Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
