QPN 27.3% 0.8¢ quest petroleum nl

Yep, all their pipedreams have cost me and other people a lot of...

  1. 77 Posts.
    Yep, all their pipedreams have cost me and other people a lot of money. I claim complete responsibility for my own actions although I can't be blamed for taking their past anns on face value. I would be "OK" if they'd actually drilled like they said they would way back in June 2012 and the results turned out ordinary....this is a speccy stock, I accept that. From 22.6.12 : "Quest Petroleum is currently preparing to drill its first exploration well in the highly prospective Ranau PSC. The location for the initial well has now been finalised and drilling rigs and materials are being sourced in preparation to drill." Nope, didn't happen.

    Over two months on and we're still waiting to hear if Lead A is drillable. Just how long is this going to take? In my opinion they've got a lot of work to do to restore my faith in this company, and if the SP weren't sitting rock bottom (ie. essentially not worth selling) I'd be out the door.
 
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.