COE 9.09% 20.0¢ cooper energy limited

Ann: BMG Decommissioning update, page-7

  1. 11,008 Posts.
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    IMO the market is used to poor quarterlies, so any numbers below expectations will be treated like they normally are and the share price will stay in the current channel.
    The current market driver and catalyst is clearly the decommissioning process and the tens of millions of dollars at stake. If the cost comes in below expectations then that will obviously give a more significant impact on the share price than any production numbers. If the numbers also come in worse then it will have a bad influence on the share price because the company will have to go into further debt.
    Personally I am looking forward to the end of this decommissioning so we no longer have this issue hanging over the share price. We can hopefully go back to the share price being driven by production and gas sentiment.
 
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