Dapper I disagree with your 'very long time' comment.
I think IF we can get production up to the 500bls per day, then we should (hopefully) see a significant re-rating. To 15-20c would be my estimate.
That said it will hinge on the company letting people know what we have. If we do reach that range, then I don't think we will need to do a cap raising, and can start spending the money we have, doing things with our tennemants that we are 'operator' on. Like West Songo Songo!
I still think this will be our year. And I'm glad the company are still taking advantage of opportunities and resources in place to do things like this.
KEY Price at posting:
9.9¢ Sentiment: Buy Disclosure: Held