SL1 0.00% 0.0¢ symbol mining limited

woohoo - huge news - looks like we got oil !!, page-39

  1. 3,051 Posts.
    lightbulb Created with Sketch. 149
    yes dt, I suspect you are right, at some point in time there will be a tipping point and SWE will begin a rerating upwards (maybe Monday you reckon? LOL). As value is added with seismic, drill target definition, farm-outs completed, etc no doubt SWE will ride the elevator. A simple comparison with FAR, PCL, etc quickly shows that a $100M market cap and sometimes higher is standard fare before drilling a big African oil target, so setting this sort of target for SWE is an easy first pass for the months ahead.

    I will find my entry when it suits.

    Cheers
    Gosouth






 
watchlist Created with Sketch. Add SL1 (ASX) to my watchlist

Currently unlisted public company.

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