Recent news is not so good; three dry wells & a small oil...

  1. 2,183 Posts.
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    Recent news is not so good; three dry wells & a small oil spill.

    Overlook this and one will find a lot of upside:
    - Forward P/E of 5-6.
    - High oil prices
    - Development options in the Otway.
    - Exceptional cash flow from existing assets.

    I like it!
 
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