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
AZA Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held