RE:NIS AdJust to keep it real why doesnt one of our posters who has oil industry experience apply for the job and then call the screener and chat them up to see if there is any more info that can be had ... NIS is drilling several properties in Romania
There should be a bump from NZ revenue but that will probably not even get us a 52 wk high
I dont want to throw cold water on things but just want to keep it real for anyone looking for a new “ATH” or multi bagger .... Production is a long way off in Romania most particularly because there is no infrastructure for the NG the best shot at value here is a buyout ... and that will make sense once a few more wells are proven but before everything is the entire leasehold is proven ...simply because it makes sense to buy once you have a good idea of what youre buying but before you are paying full price for the asset .... in my view this (2018) is still accumulation time ....but id love to be wrong !