http://www.asx.com.au/asxpdf/20110927/pdf/421bxjz3yb2sc6.pdf
Always good to backtrack and read old announcements. This from not so long ago, and everything in it is going to occur in June. Incredibly exciting read.
Fact - The plan is in place to frac each target, equipment locked in.
Fact - First to frac the perth basin and 5 targets.
Fact - Gas bursting from core sample photos.
Unknown - What happens when fracc'd. That is the risk, invest in it or not. Im taking it on and not interested in traders opinions on this company in the next 2 months or 2 cent moves up or down in the short term. Its not worth it to miss out on a good price and hold.
This market cap is miniscule compared to the potential gas from these 5 targets combined. Dont underestimate what is about to occur, read the link above from NWE.
1/2 cent rises will be fantastic for everyone.
DYOR
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