Not sure if you are being sarcastic and if my observation about the migration was pitched too low for the audience. I guess the point I was trying to make was the scale of the migration is bigger than I first thought and risk reward for Orion outshines anything else around at the moment.
I had a look at a few peers this morning and can't find one with a better risk/reward profile? Let me know if you know of one. Market cap of $24.8M; Cash in Hand of $12.6M; no suggestion of a cap raising; both CSG and Oil drilling coming up, with at least CSG being this quarter; and being the little fish in the little pond with the likes of ESG (now edging closer to a market cap of $1B)and STO, the potential wave of further takeover action will propel the market cap. Likewise a decent show in the drilling for CSG or the 31MMBO in PEL 6 will also turn this into a multibagger. The leases in the Darling Basin are cream on top.
I am no chartist, but I am sure that OIP's profile will also be looking good on that front.
Cheers
OIP Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held
