munch munch munch, page-651

It is indeed good buy under 50c. Euroz had an average buy price of 50.5c from around 20 July to 8 Aug (if I remember correctly). Assuming they continue buying in the 60s and mixed with yesterday’s 40s, their average price should be around 50c. If they are here for the medium term, for the two promising oil projects, and for the potential of future explorations, their price target of $0.84-$1 sound fairly conservative.
Of course we won’t get to that price target in a couple of days, we are talking about couple of weeks for volumetric results of Dorado, and at least a year to two for future explorations, and even longer for productions. So under 50c is good buy in price for long term holders IMHO. DYOR please.