Yeh i agree entirely with onshow and co. I dont want to see any debt or any other purchases, im in it only because of PEL570 and quality management.
$1 would do us all nicely i think hangas.
The Daily Reckoning has been banging on about australias energy (shale) stock blowout. check out there website for more info or a trial subsription. not sure how accurate they have been in hte past but they mention that April/may will be a critical time for Aussie shale stocks. I know they are trying to sell subscriptions, but i was just interested to know which well they are talking about.....strongly suspect its in the cooper but it could be the canning basin.
TDR quote:
"The SECOND green light will come in the form a single set of drilling results. This drilling takes place in April 2013.If they're GOOD results, then Aussie shale gas is finally 'in play'."
putting things into perspective all seems good, page-8
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