because the report has valued them just under $2 and that was with a 50% discount. The $12 is purely speculation if all goes to plan and they aknowledge that.
The key in this will be what EOK can deliver in terms of flow and permability and ultimately reserves and how quickly they can get the gas to market and $$ through the door.
2010 shows eps of 25cents which seriously cheap at todays pricing
As we all know, the market isn't hot on any stock at the moment - I've a ton a of 'hot buys' and have been through a few downturns before and well aware patience and picking good companies is key. Markets recover at some stage and buying good (well managed) companies in the tough times is a great way to make excellent returns when things bounce back (as they always do)
RFE Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
