AZA anzon australia limited

excellent future ahead The latest announcement gives us an idea...

  1. 8,188 Posts.
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    excellent future ahead The latest announcement gives us an idea what is going to happen in the next 6 months.

    Excellent news with higher then expected oil production and oil and gas reserves.

    With production in excess of 25000 bod they are going to make a fortune soon.

    And if the oil price is going even higher during that period we can see an excellent upside in earnings as 50% is hedged @ US$55 and the rest for the highest bidder.

    I can see AZA going to test the $2 before the year is out , with the high oil price staying with us.

    Good luck

    jojo
 
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Currently unlisted public company.

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