the US gas price is nearly 4x what it is in oz. PGS is forming into a med size gas play for that market. They are drilling the next 10 holes into 20m coal seams. They have producing wells now with more coming on stream. The US values these sorts of stocks at 20-25x revenue. I bought stock for the re-rate. Its all good news for a stock capped at around $25m . good luck, check out the web site if you like money.
