is lmp good value or what, page-2

I'm pleased I am not the only one who sees the value of this small Co. I like the fact that they actually get on with the drilling what they have planned to - not just talk about it. They have enough cash for possible 5 wells this year. Plenty to look forwards to, lots of upside. I also like the farm outs they are offering ready for when EXXON gets an offshore rig down in the Foveaux.

Lets hope that the current drilling probs are overcome and a fair flow of 'controlled' gas is discovered/ proved up.


LMP will be looking for farm-in partners as of March. Might Exxon be willing as they are in Ireland with Providence?

Regards

Pixby