NEO nuenco nl

nicky6

  1. 831 Posts.
    Nicky,

    You may want to check out AZZ. It is another oil and gas play in USA, operating out of Texas. The sp is really low due to their announcements every week always highlighting the negative aspects and never the positives. They can't report too much about C1 and C2 because of the other companies involved. But, I expect the sp to rise sharply over the next few months as they start selling their gas from H1 and S2 and start releasing news.

    AZZ also has plenty of cash in the bank. On the down side, AZZ has their assets in US dollars, which may be affected by the strong $AUS. Also, the price of gas is down in the US at the moment but I would expect that to change when winter hits in the Northern Hemisphere.

 
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