QPN 27.3% 0.8¢ quest petroleum nl

drilling approval received, page-12

  1. 12,388 Posts.
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    Sp hasn't gone up because of concerns :

    - drilling still 2 months away
    - drilling during the height of the wet season,
    - 0.6c CR for ordinary sh still coming or not ( was not mentioned today )
    - are rigs available or not, have X-Mas and NY any impact over there


    positive :

    They are talking to JV / Farm IN - partners.

    Maybe we will continue to trade between 0.6 and 0.8c and that could be the reason not to buy as there is just a slim chance to sell at 0.9c for st-traders.
 
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