OIP 0.00% 4.3¢ orion petroleum limited

An addendum young trader (I don't diss your strategy - provided...

  1. 1,665 Posts.
    An addendum young trader (I don't diss your strategy - provided you are well diversified): OIP cash backing will fall to around 4.7c per share by the end of the quarter, based on expected admin and exploration costs. Its a stock that, imo, will only really generate excitement for its CSG stake in ESG farmin PELs - and that is probably only if ESG gets taken over or in 2012/3 when it starts turning its attention more seriously outside PEL 238.
 
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Currently unlisted public company.

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