I do not believe we will be seeing these prices again. Ever. Drilling commences next week and one can only salivate on how much more gas will be coming on board.
My theory is that there are some major vultures circling at present awaiting only for the new holes to confirm on what we already know on how much more gas we will have.
Once confirmed we are gone. Bought out. Taken over. And it will be very rewarding. Just look at the most recent capital raising and how quick it was gobbled up by large instos wanting a piece of the action before the price increases hence why market price was paid with no discounting.
Not long now.
COI Price at posting:
38.0¢ Sentiment: Buy Disclosure: Held
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