RE: Price by Christmas 2016/2017?10 Sep 2016 09:55
Hi Northernmagic going off a couple of our peers in South America Amerisur Columbia and Andes
Energia Columbia and Argentina we would be about right at 15-20p. We have similar proven reserves,we are lagging behind on production but going in the right direction. Amerisur have double the amount of shares in issue Ades similar to us.
Both not without problems.
Amerisur Oba pipeline troubles and price of oil, 1 we'll in Paraguay similar to ours.
Andes drilling lots of wells but under the control of YPF who shut down new well program while it sorted it's politics out.
One thing we have in our favour at the moment is momentum and a CEO who has got the bit between his teeth