QPN 27.3% 0.8¢ quest petroleum nl

value, page-47

  1. 817 Posts.
    lightbulb Created with Sketch. 6
    Long term investors who have taken a position would have kept capital back for a CR down the track.
    I increased exposure to this play on it's considerable upside.Serious players have taken positions for the up-coming drilling in late June.
    As an investor the important thing is that you are on -board,if you have over extended yourself well thats another problem.
    When they start drilling & we strike oil/gas the price of 1 cent should be history--the Ranau PSC (production sharing contract)covers an area of 2123 sq km(massive)
    Junior oiler's in the 'shale plays' in the USA get excited over 50'000 acres.
    The share-price pull-back allows patient investors to take positions.
    Have promised myself not to chase a rising share price(not being a trader) human emotions being such-- still bought some at 1 cent.

    Any one who did any due diligence on this 'play' should have known there would have to be a Capital Raising sooner than later.

    I'm on board because it has 'muti-bagger' potential 'written all over it'-:)

    Do your own research & be patient.

    Good-luck -----Cham


 
watchlist Created with Sketch. Add QPN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.