CND 0.00% 2.7¢ condor energy limited

Chance of success, page-14

  1. 2,245 Posts.
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    From Riglife late last year Quote....There's no way I'll be selling a single share for at least the next few months. Free carrying is for people who don't like big profits. This has a long way to go to be fair value, even with another billion shares issued.The size of this prospect is half the size of Gorgon and nearly 50% bigger than Ichthys. Inpex is spending 37 billion on just developing the Ichthys project! So the resource, being less than our prospective resource, is worth a lot more. Those saying this should drop, with the next round of share issues, need to look at the bigger picture.I'm predicting a $150-200 million MC even before we start drilling..........end quote ......... good perspective imo.
 
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