$BME.AX #BME.AX BME.AX - look for confirmation around 3c #HOLD

43
Oil & Gas Exploration & Production - energy and resources company
Developing prospects, drilling in June and production in 90 days
This has come 4 months after acquisition
Project to cost around US$12.3 million

Volume and price up after a disastrous IPO
Should turnaround but look for plenty of supply as it grinds its way up
First target is 3c

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