The 12 month low of SAE was 24 cents and the NSA success has...

The 12 month low of SAE was 24 cents and the NSA success has turned the stock around, but from a high price of 89 cents and it being close to the end of the financial year full appreciaton of this near term earner is beng suppressed by tax loss sellers .
I think recent traders have left the building and now it's just patient accumulation of those who can't hold . The gaps have closed and the announcements point towards fantastic sudden earnings beginning this year and increasing to the 2000 bopd capacity early next year . That is as fast as it gets .

We all seem to agree that SAE is cheap now .
A reputable post I read at S.arescene valued NSA alone at 46 cents per share conservatively . If we take the previous low sp of 24 cents and add the 46 cent NSA valuation I get a laymans target of 70 cents .
Yorick reckons 60 cents, Granger reckons 60-80 cents taking into account NSA earnings only . And I'll go with my 70 cent target not consdering other prospect success . Just have to wait and see . There are few shares, low turnover so maybe I am exagerating the tax loss selling factor .