STU 0.00% 94.0¢ stuart petroleum limited

Ann: Cooper Basin Reserves Uplift , page-6

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  1. 13,985 Posts.
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    Doctorwho,

    I am taking a fresh look at STU on the basis of Oliver.

    However I would observe that contrary to the views of today's posters I have memories of being badly burnt by this management 3 years ago, when they booked some reserves prematurely etc. Also they had an appalling record with their hedge positions, and with their CB exploration post Worrier.

    Maybe they have learnt lessons, lets hope Olivers upgrade is not another virtual oil trick like AED with Puffin. I will need to research Oliver thoroughly before feeding money to Tino's mob again (got out only slightly +ve last time).

    EL
 
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