Snowy69,the only reason good flow-rates matter is for us to make...

Snowy69,

the only reason good flow-rates matter is for us to make a killer bottom line. The only reason to do that ultimately is to pay shareholders dividends.
Im not in it for the dividends.
Im in it for the company sale.

We are now drilling to improve our Independant Reserve Report. This will be a sinch.
Why?
We are only looking to better our reserves by showing our gas reserve potential I beleive and it goes like this:

(From - EIA {Energy Information Administration of the
USA})

: "It is not necessary that production, gathering, or transportation facilities be installed or operative for a reservoir to be considered proved. It is to be assumed that compression will be initiated if and when economically justified".




So what im saying is that it doesnt take all these flow rates etc that people are sweating on. The idea that our success lies with such a thing is only going to cradle disappointment.
We are looking to do what that quote states and simply locate and record underground gas, before we are considered to be worth a lot lot more money and then our shareprice will react.

PS: have a word with your broker on the matter, Ill be interested to know what he replies with.



Cheers.