1. Buyers stacked at 0.3 c must get seriously interested, then their patience soon will run out and they will pile up at 0.4c, unless someone dumps into 0.3c
2. To sustain 0.4 / 0.5 c or higher news regarding higher flow rates or fixed spud days have to be ann.
3. Once the market got aware of this little beauty it could reach 1c as MHL,EGO,LKO and their peers once did.
4. If there is any cap raising on the cards then management should carefully set the price to avoid scaring the market and destroying the boards reputation.
FUT Price at posting:
0.4¢ Sentiment: LT Buy Disclosure: Held