First NZ Capital upgrade - are they one of the few main stream brokers who cover the stock? I get weekly updates from Forbar but NOG never gets a mention!
Printable View
First NZ Capital upgrade - are they one of the few main stream brokers who cover the stock? I get weekly updates from Forbar but NOG never gets a mention!
My accountant only witnessed our signatures in the transfer. There was no discussion of what value to entre for IRD. The transfer form says any value will do including nil.I do not see any conection between that and the IRD. In fact it would be in my interest to transfer all at market value,it was only done as the cost value is what i am carring forward.But thanks all and will ask about values at final year end.Probably use market value as it is seeming to be clearer with no indication of trying to mislead anyone.
headlines of energy review.net
First Kupe development well confirms hydrocarbons
Neil Ritchie, New Zealand
Thursday, 6 March 2008
THE first of three development wells has penetrated the producing reservoir at the Kupe gas-condensate field, offshore Taranaki, New Zealand. Coring has confirmed the presence of hydrocarbons, according to minority partner New Zealand Oil & Gas.
unquote
hopefully nzo will fully exploit all this good news.
imagine nz$1.50 by May 1st, inturn the oc's would drive the shareprice.
M
.
Oil price passed US$105 ealier today:
http://futures.tradingcharts.com/intraday/CL_/48
.
WTI CRUDE FUTURE (USD/bbl.) 105.420 +$0.900
WTI averaged more than 105 today. For me that is a special number because it is a multiple of 35. When oil first passed 40 not that long ago the experts were reassuring the markets that it would soon fall back to 20 or even 15 and thereafter behave itself. I made my first predictions on the internet that it would never again be below 35. It got to 35-60 and then went north. A year later the same thing happen at 70. I got 70 wrong for a day and a half and again the experts who thought it was going back to the 30er were badly wrong. Well it has now cracked the third multiple of 35. At this stage it is too early to say 105 is the bottom but even that is rappidly coming.
Can you believe it? Some half wit in the American elected setup want to pass a bill preventing the US from adding to the strategic reserves until oil is below 50. Just a comment to highlight how out of step some peoples thinking can be.
I liked when the MD said during a recent interview - while we have been talking we have made quite a lot of money - anyone else pick that up?