whacko da dids...

This will surprise a few...

Most will expect the usual pop on the open, then gradual sell-down over the day...at 40c however, this is not going to happen in my view.

I have minimum (conservative) numbers of 95c on KEY and 13c on BUY...just for this one well. This is based on just $90 per BOE and 50% costs...ie, net return of just $45 per BOE.

Gas will be no where near this expensive to produce...so as I said, conservative.

I bought more today...have not sold a been...and will not even consider it till we approach fair value

Good luck all.

Cheers!