quarterly out, page-26

Meerkat 10% cos is rubbish and you know it.

FAR drilled a wildcat well, HOG is drilling an appraisal well. Big difference i dont need to go in and explain why as you probably already know this.

Bottom line is that HOG has a market cap of $100 with an EV of $75m.

Find me another oil gas producer with as much potential on the asx, its rare to find such flow rates on shore.

EGO as a more realisitc comparison (being both onshore) has a market cap of $140m with little cash and no producing wells. We havent even seen the extended flow rates and they only hold 65% of their gas discovery.

Anyways ive been buying over the past few weeks anything below and just above 30c.