No real peer competitors. Very much proprietory technology. If successful, will be a revolution. Company have worked very hard for an extended period to get where they are now.
Mkt cap...!105mn shares.
105mn $$0.27 = ~$30mn
Cash: must be $10mn+
Note: we should get a 1/2 yearly statement tomorrow. You'll see dozens and dozens were released today.
Potential deals: Chevron, Woodside, BHP, Apache (Private US Conglomerate)...they've alluded to these in recent announcements. Anyone would be warmly received by the market. Morning traders love nothing more then a big name to run with. Dont get bigger then the above and dont get an bigger sector this Oil and Gas. Its the pinnacle!
Regards,
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