OIP 0.00% 4.3¢ orion petroleum limited

drilling for what?, page-7

  1. 57 Posts.
    hey fellas
    been awhile since ive posted on this one but have been doing my best to keep up with all of your posts.i believe that now the ggx fiasco is out the way you will see oip head north thru the efforts of esg.esg have been burning the midnight oil proving and increasing its reserves in anticipation of santos/or someone elses takeover bid.esg are probably now at a point where it is now more viable for them given that they own approx 22% of orion to create and or discover/prove up a so called potential company maker for orion .what a great takeover target esg would become to a potential buyer /owner when not only do they control all of esgs reserves but they get 20 -25% of oip as well.all of this would obviously have an effect on the actual $ amount any potential suitor for esg would have to pay thereby supporting oip sp .obviously at this point all would be rosy at oip and dennis and russel would be accepting all the plaudits and pats on the back at the same time they were cashing in all their incentives and bonus performance options.
    can we see the light yet fellas?
    this company was spun by esg for a cash cow purpose
    esg needed money to begin with so it spun off oip
    it put it out in some nice acreage pasture where inactivity would see interest and sp decline but tenements retained
    now the sector is heating up again and the time to milk this esg cash cow is nigh
    CB
 
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