All good for those who are patient- I'm waiting for my tax return so i can buy another 3 mill of these highly speculative shares- i met an indonesian woman in the weekend who's father knows Saxon Palmer and rates him highly- perfect dude to head up exploration team
The father also aware of PERTAMINA EP Success next door to QPN so I'm quietly excited about drill prospects going forward.
I would expect drill contracts to be announced by mid June and the deployment of rigs to site...think its about getting a bit more cash together at the moment before announcing drill contracts as they may cover the first 3 drills meaning QPN would be committed to the cost of that phase of the drill programme
opportunity if you like the risk- downside risk with first drill is not so bad if you buy in at todays price....2 out of 3 is fine by me - even 1 from 3 if successful will move share price north IMO
MMM
QPN Price at posting:
0.7¢ Sentiment: ST Buy Disclosure: Held