WGP is a small company with potential IMO. It has a relatively...

WGP is a small company with potential IMO. It has a relatively low number of shares and with the drilling occuring at the moment in Kentucky, IF they confirm flows of approx 300 bopd, that will equate to about
$7 1/4 Million US gross per annum. While this is great it is really only enough to fund ongoing exploration and running of the company. The good thing about having this income stream is that it does not become necessary to do any capital raising and thereby diluting existing shareholders equity. If the company finds more oil or the existing wells produce more than expected, then it is a whole different ball game. Also doesnt take into account the Australian holdings. I feel the sp may stagnate for a bit tho until things develop further in the US and until we here more about the interest shown by BP and Rio in Aus. Has to be a good buy at the moment. Just my thoughts.