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Origin Energy Ltd V.ORG


Primary Symbol: OGFGF

Origin Energy Limited is an Australia-based integrated energy company. The principal activity of the Company is the operation of energy businesses, including exploration and production of natural gas, electricity generation, wholesale and retail sale of electricity and gas, and sale of liquefied natural gas. The Company’s segments include Energy Markets, Share of Octopus Energy, Integrated Gas, and Corporate. The Energy Markets segment is engaged in energy retailing and wholesaling, power generation, and liquefied petroleum gas (LPG) operations predominantly in Australia. The Share of Octopus Energy segment includes the Company's investment in Octopus Energy Group Limited. The Integrated Gas segment is focused on the investment in Australia Pacific LNG (APLNG), and exploration interests in the Cooper-Eromanga, and interest in Hunter Valley Hydrogen Hub on Kooragang Island. The Corporate segment provides various business development and support activities.


OTCPK:OGFGF - Post by User

Comment by biscuits11on Aug 21, 2018 10:48am
145 Views
Post# 28492553

RE:Great price to buy in

RE:Great price to buy inAgreed. This thing will be an obvious takeover target, assuming the FS is good (which I am assuming). To go from a PEA to an FS shows how confident mgmt is. Also considering that mgmt were the first people to cut the checks, they are likely looking for an exit to free up their capital. Given the new/recent drilling, I am expecting around 5MM oz of decently high-grade and moderately near surface. This should allow for robust economics. I wouldnt be surprised to see this thing go for $2-$3 US. My opinion only.  
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