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  1. #31
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    Quote Originally Posted by Toddy View Post
    The options have held up extremely well.
    Punters still picking a 60% increase in the NZO share price by the end of June.

    Thats what I call confidence.
    Well, that is almost 10 months away. 6 odd weeks ago head shares were $1.30+ and so options looked much healthier.
    There hasn't been any real fundamental change - a couple speculative drills were dusters - not unexpected, but TUI is flowing, and more than expected.
    June is a long time away..

  2. #32
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    Add 15% more oil in Tui, FX change around +12%, Oil still high. When currrent panic over & "year to date" trading announced around time of AGM, & usual kupe hoopla $1.50 will look cheap!!

    good to hear how much money you have made MacDrunk also

  3. #33
    Senior Member Nita's Avatar
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    Default get over it

    duncan. you are taking nzo personally. stocks for short term purposes are like a one night stand. just because you had a good or bad time when the show is over its time to say goodbye.....let is go. you have left nzo becuase nzo stood you up. it happenes all the time so get over it already and move on.

  4. #34
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    Quote Originally Posted by Phaedrus View Post
    Just because it is in a long-term uptrend doesn't necessarily mean that it is best to simply "Buy and Hold" though. While, overall, NZO has been an out-performing stock, it has also gone nowhere for years at a time on the way up. The idea is to be in when it is going up and out when it is going sideways or down. They call it "active investing".
    Fair call - but for a less active investor (like myself) maybe it could be argued that it is prudent to hold at least till the up trend is broken...

  5. #35
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    Now that all the drills in this series are completed [sadly all failures] the SP will now move on existing fundamentals and not on speculation.In fact the drills have had a negative effect on the SP as there was always a chance that they would be unsuccesful.That negative effect was greater than it should have been and now that the drills are out of the way the SP can now move forward on fundamentals.Or put it another way the SP will now be decided by investers and not speculators. Or again another way the SP would be higher today if NZO had never taken part in a drilling series.It seems to me that the only negative effect of drilling a dud well should be limited to your % cost of the unsuccessful drill. With NZO the negative effect is much greater that just thoses costs.

  6. #36
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    any one see mention on NZO in ASB securities August market update ? also Dsurf dont forget PRC it might be a big dissapointment so far but it will start producing before options are excised so watch this space
    Time is a great teacher, but unfortunately it kills all its pupils

  7. #37
    SRV is a God STRAT's Avatar
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    Quote Originally Posted by Nita View Post
    duncan. you are taking nzo personally. .
    Recon not Some just like a good debate. Amongst other things, isnt that what these forums are all about??

  8. #38
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    Quote Originally Posted by Nita View Post
    duncan. you are taking nzo personally. stocks for short term purposes are like a one night stand. just because you had a good or bad time when the show is over its time to say goodbye.....let is go. you have left nzo becuase nzo stood you up. it happenes all the time so get over it already and move on.
    NITA, Life is not all bang bang thank u maam. At least that is better than being stuck forever and a day with something as dull and lifeless as NZO. On a more serious note how is this for an idea?.
    NZO buy shares with their substantial profits at market price all the way up to conversion date, Lets face it look at the money they will miss out on if the options are not taken up.
    That would save pass the parcel embarrassment with the options when they are worth nothing. They would raise the price of their shares add a new pile of shares with the options being worth something then drip feed it back to the punters at a profit. Macdunk

  9. #39
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    true macdunk im sure they would rather get funds off optionholders to finance development rather than other avenues as would send a very negative view to market if ODs dont get in the money
    Time is a great teacher, but unfortunately it kills all its pupils

  10. #40
    Legend Balance's Avatar
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    NZO's share price will drift lower as the excitment factor is dissipating by the day?

    The IPO of PRC has proven to be a disappointment after a lot of hype and promise. There were investors piling into NZO to get a slice of PRC. As it turned out, they need not have bothered. It is still a risky project with uncertain payoffs and its share price reflects that.

    Hector is stone cold dead as a prospect - forget about the billions of dollars to be found.

    Taranui has just come in stone cold dead.

    So cold reality will now start setting in. And on that score, it's a lot easier playing around with a stock which is well covered like AWE or BHP than it is with a stock like NZO where valuations done to date are so out of synch with the market's view.

  11. #41
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    Quote Originally Posted by Balance View Post
    NZO's share price will drift lower as the excitment factor is dissipating by the day?

    The IPO of PRC has proven to be a disappointment after a lot of hype and promise. There were investors piling into NZO to get a slice of PRC. As it turned out, they need not have bothered. It is still a risky project with uncertain payoffs and its share price reflects that.

    Hector is stone cold dead as a prospect - forget about the billions of dollars to be found.

    Taranui has just come in stone cold dead.

    So cold reality will now start setting in. And on that score, it's a lot easier playing around with a stock which is well covered like AWE or BHP than it is with a stock like NZO where valuations done to date are so out of synch with the market's view.
    6250 bopd for NZO, makes for exciting times you mean Balance?

    Agree, AWE (& other ASX mid tier oilers) are better covered by analysts, & NZO being in the NZX50 doesn't seem to mean a damn thing...

    However, no hype, blue sky valuations, & even NZO's long time knockers can' t argue against it, we have $$$$ people!

    NZO has cash & lots of it, nothing boring about that, it's what we've all been waiting for, NZO starting to PRODUCE the blackgold...

    Every week we will get another > $3.5m revenue into the pot...

    We get too much of it & someone else will want to take it off us

    The SP should incrementally climb, & ultimately be at the mercy of oil prices whilst we are running at 50,000bopd flow rates.

    No longer a trading stock IMO, but more of a yield play for investors.

  12. #42
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    Plenty of companies out there producing the blackgold, shasta - plenty. The one thing worth noticing is that posters here keep talking revenues from the production but how much of that is already priced into the stock? Paying $1.00 for $1.00 makes no sense.

    Hector and Taranui were priced into NZO and when they came out dry, down went the share price despite the belief by some that they were free options. Sorry but they were not free, were they?

  13. #43
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    Quote Originally Posted by Closed Loop View Post
    Now that all the drills in this series are completed [sadly all failures] the SP will now move on existing fundamentals and not on speculation.In fact the drills have had a negative effect on the SP as there was always a chance that they would be unsuccesful.That negative effect was greater than it should have been and now that the drills are out of the way the SP can now move forward on fundamentals.Or put it another way the SP will now be decided by investers and not speculators. Or again another way the SP would be higher today if NZO had never taken part in a drilling series.It seems to me that the only negative effect of drilling a dud well should be limited to your % cost of the unsuccessful drill. With NZO the negative effect is much greater that just thoses costs.
    Well said!

  14. #44
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    just state the facts hector and taranui were duds but TUI isnt ,with potential for regrade ect but based on the facts the SP of $1 will be short lived if crude prices remain high and our x change falls either one of which is likely,and possibly both .
    Time is a great teacher, but unfortunately it kills all its pupils

  15. #45
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    Quote Originally Posted by boysy View Post
    just state the facts hector and taranui were duds but TUI isnt ,with potential for regrade ect but based on the facts the SP of $1 will be short lived if crude prices remain high and our x change falls either one of which is likely,and possibly both .

    Profit = Revenues less costs less interest.

    So what is Tui worth to NZO NPV? I do not know but you all seem to but don't want to post it ?

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