"The Q Report may well surprise with disappointing BOPD ."
Production is known to be choked back to 70 bbl per day at the moment, hopefully there aren't too many holders who don't realise this already.
In about 6 weeks we should have a clear indication of what will happen with the gas processing, however, if you're lurking for weakness, there should be about 2 or 3 more wells completed in the interim to support the SP. They're sinking wells in a known oil field so no prizes for guessing the outcome.
I've tripled my position between 14.5c and 18c in anticipation of a viable plan for the gas and data on the actual unrestricted flow rates.
"The Q Report may well surprise with disappointing BOPD...
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Mkt cap ! $3.306M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 20122352 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 4925204 | 6 |
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