AOK 0.00% 0.3¢ australian oil company limited.

re: Ann: Record production of 42,892 BOE for ... I think on...

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  1. Dis
    3,741 Posts.
    re: Ann: Record production of 42,892 BOE for ... I think on fundamentals this announcement should have added about 2-3c baseed on production, + whatever you want to add for further derisking the play. But the market always seems to lag the fundamentals (or overshoot as the case may be!) so 15c was probably overkill today but we will hopefully work back upto it after profits are taken.

    Numberous threads stating the case for 30c once we crack the 1000boepd mark. We remain on track for Easter. But again the SP may lag the fundamentals.
 
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