Horry,
Yes, COE is a small well managed energy company, but it's probably one of the few that is cashflow positive & has been for many years.
I wouldnt think there would be too many junior oil producers on the ASX with a 100mil market cap that have anything close to what COE have
a free carry at Kurnia
a 75% chance at Gurame
a proven Cooper basin production (1 million barrels)
19 mil in cash
6.7 strategic stake in MOS
100% own Morrocco acreage
All the best to you if you are a holder, if not take a train to Randwick on the weekend & good luck!!!
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