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Alias Born | 07/06/2012 |
Saturday, August 10, 2013 2:53:19 AM
The company is about to spud three wells: the Lisewo-2 appraisal well and the Szymanowice-1 exploration well in the Fences area and the Gorka Duchowna exploration well in Block 246.
Results are expected before year end and I carry them at a combined risked valuation of US$1.2/sh (US$2.8/sh unrisked).
12-month price target: US$7.10
Catalyst: Lisewo-2, Szymanowice-1 and Gorka Duchowna well results
All in my opinion.
Purely my own opinion. Do your Due Diligence.
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