NZO 0.00% 39.0¢ new zealand oil & gas limited

I think they said they will still have 50 million left over...

  1. 6,777 Posts.
    lightbulb Created with Sketch. 260
    I think they said they will still have 50 million left over after ironbark costs ect are paid for.
    Plus no debt.
    But yeah if Ironbark is a success should be a massive re-rate, if it fails you wouldn't there would be match of a drop if any as it does not appear to be factored in at all really..

    compared with other high profile (in social media anyway) gas plays like EXR (90 million MC) this is such better value and much less risk
 
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