Right on Tony D. Wen u look at those pictures todays announcement of 514 in relation to our first reserves, well this could be anything. I cannot believe there is virtually no interest in PGS and no chat.
I reckon its a ball tearer. Patience is required of course, however when you look at PGS's acerage position in the cooper they would have to be the top few largest holders land wise and all that 3d survey. This will fly soon I hope. Get your hands on as many as you can I reckon. If its another Growler type field even our piddly 20% of the action will be a healthy production profile. Senex to produce 1.4 odd million boe this year. If they started getting another 2000 boepd odd out of pgs ground well that's 400 to pgs free carried. $40,000 per day with miles of upside.
Maybe they will be taken over for 20c a share. Now that would be nice.
Fire up people.
Cheers, Benaud
PGS Price at posting:
2.8¢ Sentiment: LT Buy Disclosure: Held
