COE 7.50% 21.5¢ cooper energy limited

Hi Autosime,Thanks for your feedback, much appreciated.I had...

  1. TTH
    1,255 Posts.
    Hi Autosime,

    Thanks for your feedback, much appreciated.

    I had gathered that re. the potential cost given the delays.

    I would have thought that costs would only really be a consideration if they don't find anything or it's not enough to be commercial.

    As I understand it, this is the remainder of their big overseas plays, long awaited and coming down to crunch-time. Sky-rocket or plummet. Is that fair to say?

    Then again, it seems the most recent price has already factored in the plummet, as I would have thought the current price values COE only for their cash & reserves, with little expectation of something positive from Hammamet West-3.

    Anyhow, good to hear you're still watching, and fingers crossed for all remaining.

    Cheers.
 
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