Now where did I read this poster comment !
"....and I sure won't be contributing any funds via any spp to provide directors with 'play money' either - I'll get them on market cheaper if I want them - if HOG wants to be valued by the market then they'd better lift their game IMO....."
Nah - maybe I read it in a comedy mag. I do like a good laugh.
From just b4 the first flow from Sorochynska #1 well, the share price is currently up ~250% and is still considered a bargain buy.
The millions of dollars earned monthly from one drill hole, on a smaller than than desired choke size, has rocketed HOG into the top ten gas producers in Australia.
Now, to the credit of management there will be 2 more drill holes in this reservoir that is anticipated to have similar flow rates to the first.
So how much income are we looking at now, hopefully on the bigger choke as the new gas plant will be able to accommodate. What will this do to the share price? Maybe my 250% X ?.
Not including other planned wells to come.
Good work management in fast tracking these extra projects so us shareholders can benefit faster in the very near future.
Now where did I put that funny mag I was reading..., ah well I'm sure I will read some funny posters again soon. Boy I love a good laugh.
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