Originally Posted by
neopole
IMO, i think that this is good news, as it seems that where ever they drill in that area, they are getting small but positive readings. so the stuff is definately there, but spead out. they just need to find the best place to suck it out from.
as for the share price falling to a drop in poo...... i would of thought that a return to a more stable price would be good news as it makes for a more stable global energy using economies.
as it is..... NZO is way under valued for the relative price in oil now!
so a price drop is only putting shares into the big boys pockets.
i guess this is how the rich get richer.........