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Hi. On a successful sale of our share in Victoria, in ur opinion where do you think the SP will go? I'm invested here and interested to know your opinion. Thank you
I defo got the impression something with Victory sooner rather than later. My preference would be a sale but whichever way it will do wonders for the sp.
Hi. Yes . I'm invested here for the oil and gas in USA. They've made mistakes in the past but seem to be on the right track now. I think it's likely we will get up to around 150-200 bopd or equivalent of before the year end. If we achieve that and considering the current price of oil, we should be profitable. Then it's a gamechanger.
This mornings news should add around $500k per annum to the coffers after drill costs. That's assuming oil at $80. We could of course be looking at more. My view on the de-rampers is that they are unlikely to be holding. Simples.