weekend stt lounge - 17-19th aug, page-14

Freehold & ST crew....

Can i put dibs on

DTE

Dart Energy

for next week?!

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Very concise summary by DART here

http://clients.weblink.com.au/clients/dartenergy/article.asp?asx=DTE&view=4243090

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TA

Has been trading sideways for something like 15/20 trading days.

Big volumes starting to come through very recently, with strong close on Friday.

$0.13 is the all time low

All time highs were around $1.36 in boom times

Made a mighty push up from about 15 cents to 22 cents earlier this year... when just a few traders threw money at it... only to have shorters take advantage of market weakness to murder it yet again when interest faded.

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FA

143 Tcf of much loved SHALE GAS in place estimated, plus main CBM gas estimates.. which are huge.

Very diverse asset base in prime areas to sell gas at high prices.

Significantly undervalued market cap in comparison to peers

Director was buying big at about 35 cent mark back in March 2012

Producing gas already... with plenty more coming on line, partnered up with "allies" all over the globe

Alarm bells for a rally ringing all over outside of Hot Copper for some time... escalating this week.

Cash in bank $72.5 million

Loan available to be drawn down if needed ($100 million)

Market cap $122 million at 16 cents Friday close....

Basically the cash and loan are being counted as something... all assets valued at Zero..... not right.

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Could head north very quickly if shorters turn promoters, good news flows in as planned, and market wakes up.

bsh