THK unknown

potential..gas shale play

  1. 1,766 Posts.
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    THK, interesting, just read their 1/2 year report from a few months back. about 1.4 mill gross revenue, audited independently to be ok and this $$$$ is only coming from about 16% of the explored and drilled wells which are still to be brought onling. SOme major US players like Shell and Newland are spending 10's of mills developing this area. Director bought up 6000000 shares at 60c a few months back.
    28 wells to be brought online soon... this company makes gas and oil from share field. Seems to have slipped under the radar by investors. Great buying at these prices and very little downside. Could run to $1 by year end or earlier if tha T/O rumours bear fruit.
 
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Currently unlisted public company.

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