its consolidating at the 5.5-6 range for a while now if you look at the history it has never gone below 5 cents. With drilling campaign to start in july and continue on for 18 months (with santos deep drilling) there is a lot of positive price rises likely.
All they need to do is just find some oil which exist in the region. So for a long term buy there is lots of potential they seem to have created a solid foundation (assets in other compnaies).
DYOR and you would be suprised with whats to come once drilling starts the price will move
Which way i dont know but logic says UP.............
Good luck
- Forums
- ASX - By Stock
- CIG
- lighting up a ...cig...cigar
lighting up a ...cig...cigar, page-4
-
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)