CND 6.06% 3.5¢ condor energy limited

baraka: new oil and gas producer, page-4

  1. 90 Posts.
    Hi Carabaea,

    Sorry, just got back to my desk. I'm a long term investor so daily price targets are not my area of expertise. A couple of cents tomorrow would not be out of order though.

    I too am looking forward to the imminent conclusion of this deal to secure BKP a producing asset. The details that follow will be much anticipated.

    BKP will increase in value following the completion of this deal. There are Oil & Gas investment funds that only invest in 'Producers'. Companies with exploration activities alone are perceived as too risky. (Probably wise when these Oil & Gas funds are investing Ma and Pa's retirement savings). When Baraka joins the league of 'Producers' they open themselves to these O&G investment funds. BKP's extensive exploration acreage (& potentially enormous reserves) would not have gone unrecognised by these funds.

    I believe that BKP will appreciate in value considerably faster than everyone is anticipating.

    Time will tell I guess.

    Good luck to you Carabaea and all BKPers.

    Cheers, Oil Play
 
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