OIP 0.00% 4.3¢ orion petroleum limited

percentages, page-2

  1. 299 Posts.
    Companies with cash backing respond very, very well to positive announcements.

    Now this company isn't just cash backed, but 140% cash backed.

    It has one of the most extensive lease holdings by square kms
    of all the oil and gas juniors on the ASX. And it has a JV in place with a mid-tier oil and gas company in ESG.

    A drilling announcement cannot be too far away. An easy 50%-100% gain here at some stage over the next 3 months.

    I know the real short term traders like to have their money in something where they are confident that the sp will rise within a few days but given the pressure building in this stock I am amazed there arent more punters onto it.
 
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Currently unlisted public company.

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