OIP 0.00% 4.3¢ orion petroleum limited

I think it was meant to be soon after the first, but then became...

  1. 189 Posts.

    I think it was meant to be soon after the first, but then became towards the 'end of the year' after the P & A. This might have to do with incredibly tight market for drilling rigs, or maybe they are making an effort to delay drilling activity because it will be far harder for spec companies like Orion to raise money over the next 12 - 18 months? I know Orion are cashed-up now, but gee whizz it gets burned very quickly when drilling.

    Mudguy.
 
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