HOG
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0.00% 0.3¢ hawkley oil and gas limited

20c is getting really quite terminal considering I bought at...

  1. MarginCall
    549 Posts.
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    14/09/11
    18:48
    Post #: 8960592
    20c is getting really quite terminal considering I bought at 46c. Gonna need a 'multi-baggger' just to break even :)

    Can anyone shed some light on what the big problem is - IS IT the declines? Is it the fact it takes them 6 months to drill a hole, 6 months to get approval to build a gas plant, another 6 months to build the gas plant, another 6 months to drill a second hole etc etc etc.
    HOG Price at posting: 20.0¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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