RE:MomentumBack on track
Looks like some consolidation which is OK. We should get a good bump next week with above guidance numbers at Bisha although some of that may be worked into the stock already. Big catalyst outside any drill results is maiden resource on LZ dop within 60 days. That will put a re rate on the stock as its worked into analysts numbers. The reaction will only be a fraction of the actual worth of the LZ given the spacing is relatively large on the holes and cashflow is miles out, but it will put value into the model. My guess .50-.60/ share at this point. My guess is we see 4 by June/ July.
Bisha is a cash machine right now.