I think TA on a stock like QPN is pretty much irrelevent at this point in time especially with the day traders likely to push the sp from pillar to post in the coming weeks.
HI 1sh1. Analyst reports will best describe the value of this Amazon drill for QPN shareholders. Keep in mind that these reports are done on very conservative gas and oil prices.
No doubt gas shows will get the options in the money and create a cash flow for the company for partly funding the field development. Flow rates will quickly stabilse a volitile sp if/when a gas discovery is made because this will indicate commerciality and dollar value to QPN.
PS:I like the "why not buy TNP" posters that appear on this thread from time to time. QPN's South Sumatra took up half of its latest Q report. Did some deep research on this aquisition and its exciting imo. TNP only have this prospect nothing else.
Good luck all holders
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