LGO longreach oil limited
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P.S..Chelsea Oil look to have done extremely well on buy in...

  1. junior101
    1,636 Posts.
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    20/07/12
    15:49
    Post #: 10462071
    P.S..Chelsea Oil look to have done extremely well on buy in price...taking recoverable reserves at face value as per documentation....seems a very stressed sale!!!
    Take for example CVN 1P Reserves valued at around $30/bl..
    in ground value with a development plan in place..!!

    Have Aussie investors taken their eye off the ball??

    All to hard..maybe??
    LGO Price at posting: 0.3¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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