AUT is definitely a hold for the summer (your winter) campaign but I suspect a bit of ADI/EKA excitement when Easley and, especially (fingers crossed) Morgan flows are revealed, hopefully in full instead of this silly equivalents nonsense.
Then there is also production tubing for Kennedy & Weston - agent posted detail of the Murphy experience.
I'm still looking for opportunities to accumulate more AUT but expect earlier excitement from those more highly geared to the wells drilled and being drilled. This market seems to want hard facts.
As to $1 by December....that all depends on Hilcorp progress and test results. It could be higher or lower but my personal feeling, on the basis of results and Hilcorp progress and commitment, is that the balance of probabilities will be on the higher side. If so, that could be just the start.
AUT Price at posting:
45.0¢ Sentiment: Buy Disclosure: Held
