$1 in a year seems quite achievable assuming POO stays the same and Senex keeps derisking its current projects.
Imagine if Gemba hits gas in the short term or some of the oil exploration wells find oil in 6-12 months.
Likely catalysts within 6 months are:
Financing solution
Gemba spud
Gemba results
WSG production rates
Vanessa gas field online
WSG FID
Atlas regulatory and environmental approvals
Gas sales agreements for Atlas gas
Senex is undervalued - EV/2P Analysis, page-9
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