October will be a good month for AZA which should see the share price move up to the $1.40's.
1. Oil price will stabilise above USD60/bbl and market nervousness will recind.
2. Cutter will be drilled. This is a pretty interesting well with a real possibility of success. Punter will be getting on board for this well.
3. MOU for the Gas project will be announced.
4. Oil start-up will be achieved for the BM project at around 30,000 bbls/d.
5. Take-over rumour have started. Not the premium put on HDR this morning. Beach is kicking the tyres at the moment.
This is the lowest price you will see AZA. The punters and the industry knows this so expect some big players eyeing AZA as a target.
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