is there a better bargin that this

Up on modest volume, hopefully the market will wake up to this one shortly, its just too cheap considering they are predicting:

- $750,000 net income per month from HI24L (9 million per year at that rate)
- About 1000 BOPM from SW QLD so as a rough number thats around another $100,000 per month (1.2 million per year)

So current income levels of around 10.2 million per year for a stock with a cap of around $25 million!

Plus a target of confirming a resource of about 50BCFG which if confirmed has an inground value of a conservative $2.5million US per BCFG - so thats an inground asset value of around 125 million US dollars and thats using the lowest trading range per BCFG! (Noting also that ETE currently have a 75% interest)

So we have 10.2 million in current revenue per year and a potential further asset on MP-252 of say $100 million Australian (very conservative estimate) for a market cap of around $25 million!

I've have bought more again today!

Dazzler