has anyone heard progress for the indonesian drill?
site works have been going on for a while now.
it will be good to ride the oil rollercoaster again
M
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has anyone heard progress for the indonesian drill?
site works have been going on for a while now.
it will be good to ride the oil rollercoaster again
M
Well, NO TO THE FIRST Q.
YES TO THE SECOND
A couple months ago on this forum suggested that we look at the S/P again, seems it starts to slip in the accustomed fashion so familiar with nzo.
Market generally well up O/P steady, but as i said then, once the Div/p and AGM behind us STAGNATION.
Finally an announcement!
https://www.nzx.com/companies/NZO/announcements/230315
Good to see more exploration coming
Bit more detail here, 65m barrels:
http://www.asx.com.au/asxpdf/2012111...sv0qpxrbp1.pdf
nzo just bought a $12.5m ticket for another oil roller coaster ride - great to see
once the semi finishes the drill and hopefully 2nd drill with success, then it should be available for other suitable nzo drills
M
Great news for us OXX holders
i thought you would be happy balance this is oil they are investing in not coal!