big potential upside..., page-20

Matt777,

" - small market cap and some fudns in the bank - looks interesting."

I would be very cautious with this mob (I have 'held' for over 5 years...so have the scars to verify!).
They have had many 'hands out' for more & more funds and I think their NTA is less than a cent....may be proven wrong here.
They do have their own rig, but the area they are in is 'land locked' and there is a lot of 'middlemen' involved to be able to get 'any' discovered product to sale.
There is one positive though....labour is cheap!

Show me the 'product' results first and I may become 'a believer' once again.

PS Still holding!