Re: Soly's message - Origin Energy increases interest in Beetaloo to 70%
posted on
May 07, 2017 09:11PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Well soly...I for one am with you on your target price.
While it seems this board has dwindled in its following....I ahve been reading the other boards that report on this stock daily. In all the speculative buyout suggestions and price ranges....why has noone pointed out one of the obvious considerations?
Seems to me that the Government of Australia itself is a most likely candidate. PetroCanada was a classic example of that, decades ago. The need the product and the influence on what stays in the country and the eventual protection of those in the Territories.......not to mention the financial ability and backing. 800m on just the pipeline heading to the east? Small investment to ensure the bigger target.
Good job Soly!