Some perspective for those predicting a share price of 5 cents...

Some perspective for those predicting a share price of 5 cents on news given share price hit almost 3 cents when oil was announced at Aztam #4...

3 June 2013 - Following Trading Halt, Oil Discovery at Aztam #4 was announced with a 24 hour production of 610 BOPD (we all know what the production has been since then).

Number of Shares on Issue: 445 million.
Share Price hit a high of 2.9cents providing a Market Cap of $12.9 million. That was the high.

1 year on... pending news of oil at Aztam # 5.

Shares on Issue - 1.23 Billion. Current Share Price - 1.4 cents. Current Market Cap $17.2 million.

So if you believe the share price will see another high of 2.9cents on the back of success at Aztam 5, that will show a market cap of $35.8 million.

Given the stock rose to a market cap of $12.9 million on the back of a market belief of production being sustained at 610 BOPD, not sure how anyone can justify the share price spiking to 3 cents , or 5 cents for that matter, on the back of success at Aztam #5.