gas hit, page-9

Good comments from everyone and as a long term holder i would also like some profit.

I think the damage was done with so mnay free shares going to directors who to date have been portrayed as not doing too much for the holders.

On the positive gas is the way ahead and thanks to Japan big countries like China are looking into more deals all the time. (Last week Sinopec signed another Oz deal)

NSW is virgin soil and proving to be a major gas field already with the few wells drilled over the past 3 years.

Newcastle wants an LNG plant, which once announced will grow into a major like Gladstone has.
Santos have silent plans to take big slices of gas land.
The Queensland LNG will need reserves to fill the market for the next 50 years.
So, ROG will do ok sooner or later and i think a buy out will be on the cards.
ROG could be another BOW but the market or buyers will not let them get to 1.50 sp. So best to buy big now ready for a sale at 50c