COE 2.27% 22.5¢ cooper energy limited

re: el down to 46 mate, page-22

  1. 4,510 Posts.
    re: utter rubbish in unison I reckon the NTA of existing cash plus reserves to be produced is around 40-42 cps.

    Any lower than share price of 45 cents and the directors would have to consider instigating a buyback.

    If Kurnia is not drilled until June (and I reckon that is a fair estimation), they will have a mighty pile of cash by then as little drilling in Cooper until March 07, and even then that drilling is relatively inexpensive.
 
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