Ann: Prospectus Closed , page-25

I was just thinking buddy, why are HOG choking off their gas output? why aren't they running their gas output at full bore?....

I know what you're all going to say - they are paying the gas processor a royalty and don't want to pay that much - so are 'gunna' build their own plant..... fair enough, but it takes a long time to build that plant and in the meantime they are not getting the revenue they would have received because they refuse to run the gas at full bore - this is one of the reasons the share price has come under pressure - a failure to meet expectations to which the market is very sensitive......

HOG are currently running at about $3m revenue per month? they could easily be running at $4m revenue per month, they are currently paying the gas processor a royalty anyway and boosting their output to $4m per month wouldn't make that much difference - so why are they running at a reduced capacity?..... it doesn't make sense to me

HOG's claim is that they have reserves for what? 15/20 years? then where's the problem with running flat chat right now - the increased revenue would easily exceed any processing payments - it couldn't be could it, that HOG cannot run flat out because the gas pressure isn't what they say it is?......

I know nobody here has any answers to such questions so I'm not expecting any - but it remains a mystery to me why, if HOG has such fantastic gas reserves that they aren't currently running to their max capacity? - to me it just does not make any sense - any more than a CEO who in the middle of HOG's 'success' suddenly disappears - don't believe everything any company says is my rule.....


now I'll wait for the excuses why HOG is deliberately underperforming.....