NSE 0.00% 0.4¢ new standard energy limited

re: Ann: Gibb Maitland No.1 Weekly Drilling U... Good luck...

  1. 5,924 Posts.
    lightbulb Created with Sketch. 19591
    re: Ann: Gibb Maitland No.1 Weekly Drilling U... Good luck Stockrocker.

    We all know that oil was generated. If it is not migrated to anywhere, NSE&CoP will find. Then, you are right, NSE price wouldn't make a 100% rise overnight but might make very close to it; maybe around 60-80% overnight. then 300% in one month and 1000% in one year. That's the upside I mean.

    See AUT's charts below. That's how they did it. (in US shales). I am not saying it will be the same, but see the upside and calculate the downside, and compare them. That's what mardo was saying. Downside is limited with maybe 30% decline but upside is 1000%. That's not gamble. That's a probability calculation.


    Short term: on Sept.2009
    (This chart can be seen as a small piece on the second graphic)




    Long term chart;


 
watchlist Created with Sketch. Add NSE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.