$18mil profit for half year, page-4

Oil/Gas bulletin // PEX :

They feel this stock is more than over priced and have taken their buy recommendation "OFF"...seems that 80c is tops for what they have going at the moment . This will be different if new success is found in the GOM . Forget China ! AYO is way over priced too if YES-1 comes in as a duster as it appears . BUT AYO has more going for it than PSA in reserves and future gas sales plus exploration...therefore perhaps 87-90c for it ..till it does more on the oil/gas patch...