OIP 0.00% 4.3¢ orion petroleum limited

massive high impact drilling this month, page-3

  1. 747 Posts.
    The best bit is the downside is limited. Unlike 99% of these high risk punts where the upside is enourmous but so is the downside you have a safety net in place.
    If this months drilling turns out a failure then in May its back on again with another high impact well. Whats the sp going to do? Drop to 2 cents with another high impact well being drilled 5 minutes later. Don't think so.
    Check it out.
    Downside is the SP halves and you lose 5c.
    Upside is they hit 40mbo PLUS 150 bcf gas in place and the sp is up around a minimum of 60 to 80c!!! You make at least 50c profit.
    Thats ten times the potential loss!
    Extraordinary risk-reward trade off availale here. Market still snoozing and has not caught on.
    I'm in this big time.
 
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