Judge Native Title put a stop on the 5c by reserving judgement. Obl share price got to 3.3c on the expectation and also a great announcement about backreef having a new resource upgrade and Obl gaining 100% of that block of which it is now farmout ready with no native title issues.
Exciting times now new government, farmins, Chinese, native title decision, cornerstone investor!!!!!!
I got the 2c and 3c estimates right last time.
If you want 5c be patient, all of the above will happen soon enough.
Dyor
OBL Price at posting:
2.0¢ Sentiment: ST Buy Disclosure: Held
