Now with a large part of the souvereign risk out of the picture HDR can expect a much fairer share price based on its oil reserves and exploration potential.
With todays high oil price above the US$60 and current around the US$67, this company is much undervalued based on it oil reserves.
Unless if you are one of those, who believe that high oil prices are not going to be part of the future, (and that lot is diminishing as fast as the water in Warragamba) get ready.
HDR clearly should be above $3 in the very near future and rising rapidly with some succesfull drilling and with first production starting.
jojo
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hardman resources limited