re: investor presentation
I remember them putting out an investor presentation last Dec and next day they announced they were doing a placement of shares - let's hope this is not the case this time although the cost of six wells within two months will deplete their cash reserves - the improving shareprice today hopefully saids that the market is not expecting another issue although it might have more to do with the 13% rise in the Nymex gas price last night or the expectation of positive drilling/production announcements shortly.
PSA Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held