I would think in the short term Meta it really does hinge on Airth decision from Scottish Government. Instituions will only take real interest in this company when they start producing. This decision is expected first half of 2014....who knows though as we still haven't heard the first delayed sitting which was pushed out from June until early October and still not a word??? To have the council's fail to come to a decision twice, then move to the Scottish Government in June this year for a definitive answer and to get even more delays is UNBELIEVABLY ANNOYING!!!!!!!
There may be other small free kicks from drilling by iGas & Centrica over the next 6 months as well as McFarlane dragging the Aus issue over the line (in his words to be sorted by the end of this year!) which may provide some assistance. Sinopec also seem to be revving things up in China as well which may speed up China progress.
It certainly is a test of patience but the rewards will be there for those who are.
DTE Price at posting:
13.5¢ Sentiment: LT Buy Disclosure: Held
