BUY 0.00% 0.4¢ bounty oil & gas nl

gwm to target 7tcf now

  1. 2,142 Posts.
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    Well i must say i missed it yesterday as i was at work and could only briefly run my eyes over the announcements, but if you look at page two of the BUY announcement you will clearly see that it says -

    "The specific gas targets are within interpreted Tertiary age sandstone reservoirs in that sequence and on the basis of seismic interpretation and site surveys the Great White/Marlin prospects have prospective gas in place resources of 7 TCF in PEP11."

    Dont have time to rerun these numbers on my spreadsheet but hey just off the top of my head add another 75% price rise to BUY from my last share price target.

    should be around the 47c mark.


    Good luck to all PEPies

    keep on BUYing

    harry out
 
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