Hi Flycat 1967,I could not agree more. My information on this...

Hi Flycat 1967,

I could not agree more. My information on this stock is that things are going along way above expectations and $1 to $2 in the next 12 to 18 months is not out of the question.
A financing deal may give this stock the much needed boost it needs. The US gas price where the majority of work is taking place is way higher than Oz, around US$6.
Great profit margins when production and 50 wells plus are in production.
I hear Macquarie are continually buying this stock and they have big raps on the stock.
As they say buy straw hats in winter. I believe this will leave most similar Australian stocks such as Sydney Gas and Queensland Gas in there wake.
Time will tell. The stock is definately oversold at these levels. Check out there web site www.planetgas.com crunch the numbers and as always make up your own mind.
regards Metro.
I hold PGS shares.