what is the potential?, page-15

That is the way I am reading it Johno
They did a raising at 2c which must have hurt like hell.
Looks like desperation has galvanized them.

I like the bit about others having great success applying new Tech to these old grounds.

I wonder how much is factored into the cost of the acreage, how much effect a successful frac will have on the value of the leases. You would think a lot is factored in, but that shows confidence either confidence or desperation.

Always nice to get to these parties early.