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0.00% 4.3¢ orion petroleum limited

what now if number 2 is a duster, page-10

  1. WineCollector
    3,017 Posts.
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    02/10/08
    19:06
    Post #: 4338326

    I dont think you can blame mgmt for the dusters. Obviously this is speccy stuff. I read they reported the first site Pel 6 was 1 in 4 chance. At that rate, I look forward to the next two holes. Plenty of money in the bank - enough to tell me that 7.5c a share or market cap of $11.5M is cheap. I figuring around $17M left in cash at this point. You do the math.
    OIP Price at posting: 7.9¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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