ACN acer energy limited

very bright future

  1. 80 Posts.
    I found this gem after they ( previously was INP) rejected the merge propose from DLS and follow up on their activities quite some time.

    I think they will anounce their farm in partner soon as mentioned in their activity report. Exxon? BG? COP? Or Chinese giant company??

    Also, their reserve 1P/P90 with 15 Millions of barrel oil is worth with 15M x AUD75 (return per barrel) = ~AUD 1 Billion profit.

    So, i am not suprise if their share price come to $1 billion/ 460 Million shares = ~AUD2. Or let us be more pessimistic, let assume they just able to drill half of their reserve 50% of 15 million of barrel oil....So????AUD1? AUD0.80? Haha... let us tighten the safety belt, this rocket will accelerate soon!!! Another Arrow is coming soon! Cheers!
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.