Whisk79. I think we'll need to see more than just the next two wells' results albeit they will be very relevant. I'd be wanting to see when they plan the next set of wells, what cash ends up in the bank, before I'd be making any definitive decisions. I, personally, reckon that what the CEO said "Confirms a material extension of the 15 million barrel adjacent Florence Oil Field" is what this company will be all about for the foreseeable future. Will the next few wells repeat these last three and so on? Will it be a "material extension of the Florence Oil Field"??
Time will tell. They've got nowhere to hide from now on.
AKK Price at posting:
0.5¢ Sentiment: Buy Disclosure: Not Held