Today's announcement makes me feel a lot more comfortable that the company can and is delivering on its promises and potential. Looks liek April flow rates average about 600bbl pd and that in June we could be looking at 1200bbls pd or thereabouts. While POO is at current levels that is a nice earner and absolutely cements the value proposition IMO. Plenty of free blue sky on offer as well.
Could see significant recovery in the SP over coming days weeks...my target $1.00 by year end as a minimum.
regards DF
SAE Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held