NSE 0.00% 0.4¢ new standard energy limited

chinese, page-47

  1. 521 Posts.

    So you may work for a big O&G company.

    Your company has what it believes is an underrated and lightly explored prospect....
    And you think it is inconsequential whether your company farms out to 2 minnows/nobodies or 2 giant global players.
    Your company MD would be over the moon to have 2 global players interested in farming in.

    Goes without saying - the drill bit will do the talking.
    From my perspective as an investor - its about validation from experts/peers and a warmer fuzzier feeling before the drilling. 101 stuff.

    SP could drift back - so? Stick the shares in the bottom drawer. NSE funded for the next couple of years + support from 2 global players. Any reasonable success ..... that's for another post.

    Cheers, GB
 
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