With the better coal seam results at Milguy-1, with Toenda supposedly near to being drilled, and with the merger dead and the T/O from OXX rejected as inadequate ... there should be no reason why OIP would not move higher. The markets are in a better mood than last few months and there is activity in the csg sector .. which won't hurt. Up a little today .. so its starting to head back to where it was before the debacle of the last 3-4 months.
H
OIP Price at posting:
7.9¢ Sentiment: LT Buy Disclosure: Held