NZO
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0.00% 47.5¢ new zealand oil and gas limited

Ann: MINE: NZO: Update on Sumatra exploration , page-13

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  1. Madrum
    1,906 Posts.
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    17/02/13
    12:52
    Post #: 11430246
    As far as I am aware Indonesia is in need of new oil and gas (especially) to supply there own needs and meet export contracts.

    I find here would have a ready made market and cheaper infrastructure costs (cheaper than Australia or New Zealand, as well as land based not ocean) to delivery.

    Even at 22.5%, there would be considerable upside to NZO to add to their coffers. We should have an idea in 6 weeks or so.
    Price at posting: 95.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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