KRZ summary Two months prior to the new year trades were between 00.003-00.005 ;when traders picked up a few. The company was going through some problems ;when they were resolved in the new year and the share price peaked to .012. Since then,the company has become solely oil explorer and producer with% kufpec . (kuwaitis oil producer). The share price then remained above .008 for; four months ; before day traders bought the price down to .005 -.006 in June 2003. It was very hard to pick them up at those prices ;because by the time one was close to buying in ;your month in the que expired. you had to start again,I did get some at the end ,but at a higher price. between June and August their was about 78 million trades between .005-.006 ;of which .006 were mainly sold. Lately theirs been a spike to .009 and a retreat to.007. I believe it may hold between .007-.008 till the consoladation. with .009 and the occasional .006.depending on announcements.
KRZ OIL sep 2003 oil production of 15000 barrels/day
buli production 18000barrels/year FUTURE oseil phase 2 production forcast 24000barrels/day then theirs the cooper basin in a jiont venture with VPE. The new name; Lion Energy and consoladation ; will make KRZ a very attractive stock in the coming months . Energy review say they are on the right track. Do your own research;