This is a USA based company so doesnt fall under the gas hype in Oz and off the radar in US due to local listing. The cascading effects of multiple wells with 15 year life spans culminating in revenue should start in earnest in 2009. The well payback time is measured in fiscal quarters not years so free cash will start to compound with each drill. The fundamentalist then will have all their ratios to play with. A real threat is a cheap takeover and then we wont realise full potential.
Regards RM
RFE Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
