BUY 0.00% 0.5¢ bounty oil & gas nl

selling because of queensland floods/cyclone?, page-8

  1. 6,029 Posts.
    Sounds Great but unfortunately I bought at much higher prices

    I topped up at these new lows to reduce my entry cost

    I still belive the stock is undervalued

    Your right 4.5c seems to be "rock bottom"

    As for upside, we will need substantial increases in Utopia as a result of horizontal drilling and stimulation of reserve to increase flow rates

    Additionally Tanzania needs to get started

    These may see a return to far value at around 7c

    To get beyond this we need PEP 11 to fire , or at least get some short term direction on the prospect
 
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