is 6c a good buy or wait for 5c, page-6

Well back to pre-drill levels for the SP, surprising good buying.

Small guys (I am one) focus on Cash-in-Bank, which for moi is fine for required future, could grow by $10-20m without causing to many probs with a SPP (10-20% of company) or lucky sophs. The current price is making it a bargain for the big investor who is gobbling up the impatient small guy.

Whatever happens in the short term, the resource is there, great location for infrastructure and customers, huge exploration upside/booking of contingent reserves, good price stability in WA gas market, technology for extraction improving all the time, moving into mainstream appreciation, cheaper, location/depth of shales/sands is envir. sound... blah blah...

A revolutionary industry if you look what is happening in the US. It has only just begun.

Early good numbers already out on A-2 looked impressive, extended test, over a multistage frac, takes time.