COE 2.27% 22.5¢ cooper energy limited

Conservatism should be expected, as should additional logging. A...

  1. 286 Posts.
    Conservatism should be expected, as should additional logging. A 7 inch casing equates to more steel in the ground; hence more cost. The message is consistent with company style – No doubt we can all speculate on the potential, which is the fun part of this forum. The partners on the ground obviously consider the potential/reward is still in tact. At a buck thirty there won’t be any long term pain from holding. There are many other company making opportunities in the pipeline. Could they have used better words than “if” and “confirm” ?? others would but it can be construed as misleading. What I would like to know if it isn’t Gas causing all that pressure what the hell is it? Need one of the experts to weigh in and enlighten us all.
 
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