two analyst reports

There are two new (February 26th and March 2nd) analyst reports on the Po Valley web site at http://www.povalley.com/s/Analyst_Reports.asp

Petra Capital has a valuation of $2.34 and FD Capital has a 12 month target of $2.70 (risked NAV - the unrisked NAV including values for the exploration targets is $5.09).

"A Defensive Continental European Gas Pure Play: In the current environment, the whole sector has upside should oil prices rebound. However, numerous juniors could struggle should the macro environment not improve. The focus is therefore about managing downside risks."