WOW!
after about 5 years of the obvious, some overpaid learned & supposedly knowledge come up with this revelation.
PATHETIC.
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Did anyone notice the mention of Kupe in this. http://www.stuff.co.nz/business/indu...i-gas-reserves
It states that there has been a "reserves recalculation" in Taranaki and that remaining gas reserves at Kupe are 298PJ.
According to NZO's website remaining reserves for Kupe at 30 June 2013 were 258PJ.
That's an increase of 15.5% - even more if last year's production is included...
I would have thought that would warrant a mention by NZO or the opersators...
It happens, the conspiracy is that it does not go on. The other problem is small stocks like NZOG are at the mercy of day traders and they don't soak up bad news well. On the up side, they climb fast with good news. There is no conspiracy about controlling a stock price period.
Eh we all ready know that, this is what you wrote - "Typical Nogger (and Piker for that matter) - anyone dares to question the value or management of the company and out comes the conspiracy theory about ramping price down to buy cheap". So what, wasted post really.
Precisely the point, Cuzzie - you are behaving exactly like the Pike River shareholders/posters who cried 'conspiracy' whenever something negative was written about the company. As it turned out, there was not only no conspiracy, there was only truth in all the postings and warnings about gross mismangement. incompetence etc. 29 miners lost their lives.