ZMM 0.00% 1.1¢ zimi limited

12 billion barrels oil in place target 10c, page-3

  1. 2,883 Posts.
    With news of todays report getting out to the masses and us futures looking very good, it could hit new highs tomorrow.

    I think people were a bit confused today and didn't know what to make of the announcement when they saw 3.4 billion. I must say I was initially worried but after reading the report in full I realised it was NOT for all leads and was conservative.

    Remember management have also found new leads on top of the 6 other leads not included in report. Therefore we could go beyond 5 billion barrels recoverable oil in the very near term.

    Someone bought whno today after 4pm auction for a daily high price of 0.028. I think they knew what they were doing.
 
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