Our fearless leader having a few words about the need for Gas in the Uk. It does mention first drilling from GDF Suez to start 2015 which is very disappointing, but it does highlight how difficult it is for all players in this space. I am actually hoping that this 2015 timeframe mentioned by McGoldrick maybe so because they know the development of Airth to production will be the major priority for 2014.
This is not going to be a get rich quick investment due to the relentless opposition of the anti-modern world movement. What they have done is give those who are patient an excellent opportunity to take a position in an energy story that continues to get derisked at an unbelievably affordable price. When the ducks of Airth, Cannonbie, Bowland, China, NSW and Indonesia fall in to line over the next 5yrs, DTE has the very real potential to be north of $1B market cap.
Good luck to all!
DTE Price at posting:
14.0¢ Sentiment: LT Buy Disclosure: Held
