Tilleydog AOK, which i have held in the past reminds me of...

Tilleydog AOK, which i have held in the past reminds me of another share i had. Mosaic oil.

They were doing similar things, small targets, gradually increasing production, although MOS was more gas than oil.

The MOS SP floated around 10 and 25 cents over a period of years and like you i always thought it would take off like AOK.

Eventually it was taken over after i got out, for under 20 cents from memory by AGL i think.

I rate AOK the same.

AOK at 11.5 is at its lows i reckon and at that price is a very good buy.

So if you can wait another 12 months i reckon it could go to 16/20 cents in that timeframe or if one of the larger companies in the area see value in taking it over then that might be another option.

MOS had a lot over infrastructure though which made them more appealing for a takeover.

But in the end its what price you want to take when you decide to sell that matters.