NZ Oil & Gas (NZO)

[fabs]

Are we seeing signs to prepare the Co. for breaking it up???
The Sharks are circling, maybe stronger influence for Institutional strategies to direct the Cos. future.
Question is how will THAT effect the M & D investors???

[Balance]

Are we seeing signs to prepare the Co. for breaking it up???
The Sharks are circling, maybe stronger influence for Institutional strategies to direct the Cos. future.
Question is how will THAT effect the M & D investors???

Not just yet.

Two more dry wells, or one more bad investment, and it's time to make all the executives redundant - like TR was unceremoniously put out to pasture.

[fabs]

Not just yet.

Two more dry wells, or one more bad investment, and it's time to make all the executives redundant - like TR was unceremoniously put out to pasture.

Granted Bal. that is one way, but it will probably be more Insidious [ stealth & deception } remember the big investors { Institutions } want to come out on top.
They are down a lot and have they're way to let others take the loss.
Not hard to guess Who.

[digger]

Are we seeing signs to prepare the Co. for breaking it up???
The Sharks are circling, maybe stronger influence for Institutional strategies to direct the Cos. future.
Question is how will THAT effect the M & D investors???

What is your logic here that you are seeing?

[fabs]

What is your logic here that you are seeing?

Just go over the Demise of OTTER GOLD after T/R lost his position in the co.
And find out who the winners and losers were in the end.

[sideline]

What is your logic here that you are seeing?

That would interest me too. The only unusual thing I noticed recently was quite a few trades go through at 86c on the 7th and
a 2m trade among those. Perhaps a rumour circulating?

[neopoleII]

what i want to know..... whats up with the 2 wells?
are the drillers still on site getting paid a salary?
have they left the drill sites?
have they moved back to the first well to reduce the fracking pressure?
are the wells "suspended" for a long time or short time?
whats going on?

and please dont say the indo government cant let nzo release details again.
that is just hoodwinking......

as for independent directors at nzo....... scoof.... TR picked his crew very carefully over time.
Dallas...... dynasty...... NZO..... TR....... just like JR.

I quite like fabs interpretation of the latest release.......
in the space of a couple of weeks TR is dumped and then the directors all become independants!!
gotta laugh.

but it is the NZX ........ cowboy land
no wonder mums and dads buy rental properties

[digger]

That would interest me too. The only unusual thing I noticed recently was quite a few trades go through at 86c on the 7th and
a 2m trade among those. Perhaps a rumour circulating?

Sometime about a year or more ago I posted what I considered a reality check on the state of NZO. Then and even more so now NZO is way undervalued. No debt and 173 million in the bank and climbing. Every day it gets more ripe for picking. This I feel comes about from PIKE, Tunisia , and the last few dry wells leaving NZO with a negative vibe to investors. With the SP stuck in the 80's you would think the company owed every one and summary enough money that the only way out of it would be a QE situation.
Yes for sure I did notice the 86 cent Sp and the 2 million trade and wondered.
Still that is the market and when things get toooo cheap you can not blame larger pockets for taking advantage of the situation. Who knows maybe Fabs is on to it.

[spirit]

You have to say that NZO management have at least been trying. This is the latest well off the coast that they almost were in on, but not quite (deal preempted by existing parties):

http://www.epa.govt.nz/Publications/...aranaki_IA.pdf

[Balance]

You have to say that NZO management have at least been trying. This is the latest well off the coast that they almost were in on, but not quite (deal preempted by existing parties):

http://www.epa.govt.nz/Publications/...aranaki_IA.pdf

Trying?

Only for the last 10 years!

As for takeover, there is nothing appealing about NZOG for any predator to buy into.

If there was, would have been taken over a long time ago.