Jump to content

COE - COOPER ENERGY LIMITED


forecast

Recommended Posts

In reply to: Mensa on Wednesday 04/01/06 04:43pm

Major downside ( say 40-42 ) shouldnt be a serious possibility until after (if) Madura is dry.

 

I personally reckon the days of 40-42 are gone, esp if POO stays above $55 which is likely.

 

If Fairbridge is dry, maybe we go back to 48-50 for a few days...no big deal.

 

Madura in April or so is not far away and there are 2/3 more Cooper Basin drills happening straight after Fairbridge to keep the interest up.

Link to comment
Share on other sites

  • Replies 1.4k
  • Created
  • Last Reply

Top Posters In This Topic

Hi,

I have watched happily as COE has risen like a baking cake but I am concerned that it might be time to take the cake out of the oven. Does anyone have an approximate boken down valuation for each COE asset they would like to share with us?

Bazza

Link to comment
Share on other sites

QUOTE (marcusm @ Thursday 05/01/06 10:06pm)

Yep, Wrote it off a couple of days ago.

 

Though they said they wern't going to continue drilling to planned Total Depth (150m from where they made it).

 

Obviously they think they have a better chance of going and starting their next hole (Strickland).

 

Spud date estimate anyone?

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

×
×
  • Create New...