re: 12 month high - any chartist view? It looks like more people...

re: 12 month high - any chartist view? It looks like more people are discovering this hidden gem or ugly duckling of the cooper, depending how you look at it.

I have been saying this for a while now and will say it again that I believe Stuart will be trading reach the $2 before the year is out.

We can expect the oil production above the 800.000 bo for the next 12 months and with the current A$94 per barrel Stuart is basically printing money.

With Hedging practically gone by end of july profits will rise dramatically.

The proposed oil refinery will add substancial value on this low sulfur oil and will become another money maker.

Throw in some other good discoveries and a possible deal outside the Cooper basin and we could even go higher then my $2 target.

Funny now this ugly duckling starts to fatten up everyone starts to love him.

jojo