This thing is a beast.. up 13 cents.. Shoudnt it be going downnnnnnnn??
what an awesome day for AUT, something none of us really expected. The question is where to now for this stock. The Euroz valuation is getting ever so closer and with no retracement looking likely now what is everyone predicting? is there a chance the Euroz valuation may spike and when is the next piece of information comming forward from the company that will inflate the share price even more?
what an awesome day for AUT, something none of us really expected. The question is where to now for this stock. The Euroz valuation is getting ever so closer and with no retracement looking likely now what is everyone predicting? is there a chance the Euroz valuation may spike and when is the next piece of information comming forward from the company that will inflate the share price even more?
possibilty of reducing well spacings which will be massive.
Thats possibly the most overlooked item in the future growth oF AUT. ITs basically a 50-100% increase in reserves, sitting there for the taking, and when you look at the numbers in that recent Canadian prospectus we are talking numbers between 4 and 6 Billion.
Mental note: dont forget the possibility to double reserves and EUR.
Condog can i ask - what are your thoughts on BCC's EFS potential? they have some pretty decent IP's to date
I might be crazy for thinking this but in addition to the other things people have mentioned about re rating reserves and the possibility of reducing well spacings....plus the paying off off the original wells which I don't think has been noted by the company yet I feel another capital raising might come sooner than expected. Why? because management have stated that they intend to peruse an aggressive approach to further land acquisitions in 2011. This last one has been exceptional and I for one would welcome more at the right price of course. If they wait this time until we reach say $3.50 that would be awesome, interested to hear others thoughts on this.
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