Well it looks like KTE is finally in for a rerating ,market cap only circa 5 mill ,3 mill cash ,and a new operater to run their producing wells .They have some significant acreage in the Woodford and Caney shales 5500 acres ! ,a peer valuation in 2008 put a 34c valuation on KTE currently 4.7c .With problems concerning the last operater Metro sorted i cant see this trading under 10c for long.
