CPC carpenter pacific resources limited

report not the reason, page-5

  1. 15,276 Posts.
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    re: background info... Cabela...

    Plenty going on at the moment.

    The drilling campaign has already been mentioned...but we also have the Maari deal, which should be completed soon. That's another $3m+ million for the coffers, which should see them sitting on $10m+ cash on hand...or about 7cps.

    Given the success to date of their current drilling program, they should soon become a serious gas producer, in one of the highest priced gas markets in the world, so plenty of upside potential in my opinion.

    Looking forward to the Q3 figures.

    Cheers!
 
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