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37,286 Posts.
400
06/10/04
09:24
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hi guys..
in light of oil prices being over $50.00
(opl) hit a high recently of 39cents.
now the s.p.p is over share price has fallen back to 32.5cents
currently drilling jack hamar#1 well..with (neo)
it should hit the target sometime next week perhaps.
if it's a success we should see the share price somewhere north of 80cents in this current climate.
recent broker report stated a probability rate of success 80%.
it still remains in my book high risk, so invetors should take some caution.
regards
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