in the crosshairs, page-3

moyle : - "Personally I'd like to see an orderly rise in share price of a few cents a week but I think it will continue to lurch up and down - ultimately rising past $2 by years end"

Well personally I think you are being unduly pessimistic about it taking till year's end to get to $2 unless you are talking AU$. Even then that could be a bit pessimistic.

I think that there will be several things that could boost the sp along. (There are a few things that could drag it down or hold it down but hopefully they won't happen)
1) Momoho is successful. Forsyth Barr reckon that a commercial discovery there of say 200Bcf would add about NZ$ 25 cents to their valuation of NZO.
2) An outstanding Annual Result and profit (very likely)
3) Maybe a special dividend as a result of the great year.
4) Pike River Coal begins to mine the coal and it starts to export it. Boost to PRC share price and consequent boost to NZOG sp as well.
5) Announcement of at least one (but perhaps two) investments or undertakings involving either a takeover or a farm-in or something of the sort.

If at least 3 of those happen in the next few months then NZOG share price will hit NZ$2 by mid to late September at the latest. Could be late August.

Unless the world economy really falls to pieces.