I wouldn't sell until at least the infill well is drilled as that could add 600k-800k barrels at a few hundred per day based on previous announcements. that's a game changer for a stock with a $4m market cap and cash flow positive.
Last QTR was a $95k after all costs incl exploration, admin, staff costs etc. Given exploration or payment of the Smak Dixon is probably this qtr rather than last, as forecast, i'm expecting a surplus of say $200k, possibly a bit more.
Ann: Recompletion of 2nd Well at Pleasant Home to Commence, page-7
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Mkt cap ! $9.380M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 22418675 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.4¢ | 9335785 | 16 |
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