Recent content by Corsair

Today's volume is the highest in Pluton's history and just going from strength to strength. The gap at 78.5c has been filled and the next resistance point is 90c. The next announcement should relate to a small resource upgrade; however with the strength in price and volume, could it even...

"... The latest to be stalked is tiddler Neptune Marine, capitalised at about $106 million and trading on a forward prices-earnings multiple of 9.23 times, dropping to just over 7 times in the following year. It's understood the underwater welding services provider has received initial...

Surprised no talk about the confirmed JV partner, Bharat Petroresources (BPRL). Certainly wasn't expecting a 27.8% interest to be retained in EP243 with full exploration funding provided and see this as a fantastic result. Up to $15M of funds into the coffers all up! The company will also...

One would think Neptune will benefit from Gorgon either sooner or later. Mind you, it didn't help the CLO sp today after what was a very nice announcement indeed. It's important to recognise though that Gorgon is merely one potential source of revenue for Neptune and not something...

hahaha Plasma you sound like a cynical old bugger who's been holding for a long time :D There's simply no way for them to become a $3-5+/share company unless they do what they are doing now. Being conservative and not expanding would be a deadly thing to do. They just aren't the sort of...

Hi Plasma, Do you understand the Neptune strategy? If so, the no dividend part should be pretty obvious, being a growth company with limited spare funds. I certainly wouldn't like to see them take on more debt to fund a dividend. As for putting the cap out, i wouldn't expect this to be the...