CIG 0.00% 6.0¢ caspian oil & gas limited

big potential upside..., page-20

  1. 829 Posts.
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    Matt777,

    " - small market cap and some fudns in the bank - looks interesting."

    I would be very cautious with this mob (I have 'held' for over 5 years...so have the scars to verify!).
    They have had many 'hands out' for more & more funds and I think their NTA is less than a cent....may be proven wrong here.
    They do have their own rig, but the area they are in is 'land locked' and there is a lot of 'middlemen' involved to be able to get 'any' discovered product to sale.
    There is one positive though....labour is cheap!

    Show me the 'product' results first and I may become 'a believer' once again.

    PS Still holding!
 
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