Great find asx gun that's a well balanced article unlike Josh's (too oprimistic) , i think if scenario 2 if it does play out and the institution jump on board I think the val could push higher than the suggested. With the possibility of 50m up our sleeve (36m cash holding + 20debt facility) and the phenomenal return per well, as well as 1800/2000 boepd by years end (yes I know the have 1600 as the target), the company will be funded for explosive growth over the next two years at a minimum. As long as they keep a level head and stick to the current plan (unlike mad who blew it), the company will challenge 30c by years end. DYOR
AOK Price at posting:
16.0¢ Sentiment: ST Buy Disclosure: Held
