I expect the Share Price will start to move north on the 1st...

I expect the Share Price will start to move north on the 1st bite into the Lawn Hill shale...a few weeks away in anticipation of a big move. A report of gas in vertical drill of the Lawn Hill shale will drive the price north as will subsequent success in the gas flow from of each of the 6 stage frac's.

In addition to the above the price will be further boosted by the Spud and interception of shale of the final 2 wells (Egilabria #3 and Egilabria #4) and the release of a reserves statements for all of the above... Given the SP is so cheap at the moment there is the outside risk of outright takeover... by a larger player.

So expecting several months of +ive news flow to support a sustained rise in the SP.

All is IMHO DYOR