VPE 0.00% 41.5¢ victoria petroleum nl

500,000 shares @ 0.295 bought at pre-open!, page-23

  1. 547 Posts.
    Hi 4Walls, I personally think it won't be until we have seen Next years half yearly report (assuming a full 12 months production from the cooper) before we see any significant changes... I suspect when this years half yearly comes out things might turn a bit ugly, ironically it will probably be at a time when production is resuming... I suspect that it will be at that 1/2 yearly report time that will be potentially a good time to buy back in...

    All just speculation of course, and the CSG stuff may have more of an effect than I think, but so far it doesn't seem to have been the case.

    I've seen some rumours of a pipeline, but that's all they are, whether or not it makes economic sense to build one is the real question.. of course if they did it would make flooding much less of an issue.

    Tony.
 
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