I'll be appying for 10 - 15 times my existing holdings. If granted these will replace a largish package that I sold late June 13 which I held in a company that I wanted to liquidate.
Made a motzza on AOE, heaps on BOW, to date down about $25K on DTE.
I'm looking for another 10 bagger over 5 years with DTE. I think less than 60% will take up their offering. There is a strong "anti CSG" feeling everywhere which will scare off many investors.
I even say an anti CSG poster on the roadside of the Tour of Spain cycle classic 10 days ago!
The focus on the UK is a good strategy, with the UK needing new domestic energy to replace deplenished Nort Sea gas. Their Government is determined to mage shale gas and CSG work.
DTE Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held