Thanks bundabum. So by rough calculation that is about 36.9m per year just from those 2 zones. Not bad for a company with a current market cap of only 48m at 72c?
It would seem STU is significantly undervalued at the present time. And with further zones to be added next year and potential shale oil which I have been told STU has, who knows what the shares will be worth next year! Significantly more than 72c I'd say! :)
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