HOG hawkley oil and gas limited

lol it was only last night one of our fellow posters told...

  1. 7,446 Posts.
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    lol it was only last night one of our fellow posters told nothing will change for quite some time. Well today a lot of things changed. Buyers were in control for the first time in a long time. The sellers control was smashed.

    I said last night that there were 2 things that would likely help move the sp higher

    - Maiden Reserve Statement
    - June Quarterly

    From Hartley 28/02/2011

    "We anticipate that enough information will be available to have a
    reserve independently certified by mid year. If the reserve is consistent with our
    expectation, this would imply upside of 100% between now and then if Hawkley
    trades on a comparative multiple to its ASX listed peers."

    Just re-reading over the announcements and the Hartley's reports reinforces what a great buying opportunity this has become. I was more than happy topping up in the low 30's.

    A lot can happen between now and then, but 2012 is shaping to be a big year for HOG. Nothing shy about the achievements thus far either.

    Good luck everyone


 
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