LGO longreach oil limited

B2 same as 4 and LGO say that currently yellow bank 3 is flowing...

  1. MJR
    1,085 Posts.
    B2 same as 4 and LGO say that currently yellow bank 3 is flowing 200 bopd with reserves of approx 1 million barells so in total yellow bank 3 & 4 have approx 6 million barells of oil in which Brisbane petroleum have a 50% interest and LGO have a 22% interest in BP.

    This is what i am getting at...once the market is fully informed it should push LGO's price up accordingly.

    Imo only we may even get to 8 cents!
 
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