Proactive Investors Report paints a nice picture.A conservative...

Proactive Investors Report paints a nice picture.

A conservative valuation of 4 cps. Half a penny at the moment
With a discovery of only 15 mil barrels?
From 1 well, drilling 3, with another 13 leads on top of that.
No gas in equation.
Rights issues surely to be passed
Seeking new ground
High probability discovery area.
Potentially drilling within 4-8 weeks.
Great Production Sharing Terms.
Strong Management Team (agree, possibly a little early on getting a top dog, but I will overlook this if they pop the first hole :)

Seems, this speculative company has a few positive considerations others priced in this area dont have :)