Anything in the 5’s will be sapped up straight away. You don’t have the biggest appraisal in more than a decade happening in coming weeks at a 90 percent appraisal rate and you have 160 million market cap just plan stupid with a oil discovery already done.
Cheaper than majority of O&G companies that don’t have shit all and are still trying to search. That is why all time highs will be tested in coming weeks with a move north towards 50 cents on an appraisal of 126 million barrels of oil conservatively
May Chart, page-4525
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