Hi Rob, Bignote, Hap, Maty etc.
Been a crap 12 months on share market but still here, not much posting just absorbing.
Previous posts and was included in my thoughts paired GGE and possibly EGO who now have what appears to be a major gas discovery in WA (53metres of payzone) still resonate in my head.
GGE must have something up their sleeve and with their O&G experience it seems logical to keep in the field.
I think that there are degrees of separation being considered here, wrap up the US ventures in a package and gift them to current holders. Take the experience and plug into a cheap Aussie market with under developed acreage and an expertise vacuum to some degree. The US appears to have an expert on every corner with O&G industry and it maybe over capitalized in the experience area making it hard to earn a buck.
I will continue to hold and see what unfolds, especially with the commodity prices being so low.
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