HOG 0.00% 0.3¢ hawkley oil and gas limited

bit of press in todays australian..., page-55

  1. 667 Posts.
    Cruz, while I agree with most of what you said, its my understanding that the company hasn't actually made the choice to hold back output from the current well. I believe the company has no say as they are already providing the maximum amount the current plant will allow so the option isn't even there to increase further if they wished.

    Success at Chernetska and completion of the gas plant will ensure this fly's. The one issue is TIME, some are happy to wait, others are more inclined to chase gains elsewhere. All depends on your personal time horizon.

    I get the feeling meerkat agrees HOG has great potential and will be higher in 12 months time, but that his time horizon is smaller and wants gains now so is invested elsewhere. Just my observation, could be wrong.

    Anyway good luck to all but I feel without success at Chernetska or the gas plant completion you can wave your hands as much as you like about the market cap but it wont move until either of these occur.
 
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