post reserve upgrades, page-4

regardless,

BPT is still undervalued;
if anyone has an elephant's memory,
their boss appeared in THe Australian Business segement lamenting about their under valued shares about 1 and a half years to 2 years ago. That was when it's share price was hovering int he 60s to 70s cent region.

Shale gas (which Beach Energy has lots of)is interesting, and flavor of the moment
Enviromentalists & people who lives IN those area thinks otherwise about fraccing, etc.

?could it be that Beach Energy's team are visionaries or American copycats, hoping to make it BIGGER by focusing a big chunk of their future growth on Shale Gas? this remains to be seen.

(The only thing I am wary of Beach Energy is their very super glossy reports and seemingly fat??? paypockets of their management team. I guess in good times, nobody gives a hoot, right?).

have a great weekend :) Agathos, Perth.