We are currently in discussions for a joint venture partner as...

We are currently in discussions for a joint venture partner as per 2nd last presentation. Company was rerated when the fracking ban got lifted. Market is now patiently waiting for the next catalyst being the JV partner, we would then be looking at another re-rating. Basement entry point would be 3.3 if you could get them. I was able to pick a few more up on the close as someone was happy to let them go. Amazing why you would, with JV in negotiations and a gas deposit that is eye watering. Company is going under the radar a little. Not so last Friday with a couple large parcels, totaling over $160,000 worth with an average price of 3.9c. One or 2 buyers very happy to pay up for them on that occasion. So you could understand why I was surprised yet wrapped to pick more up at 3.3c. I have been slowly accumulating in the mid 3s, those that have sold down to these low levels will probably be kicking themselves down the track. But I suggest you have a read of the last 2 presentations, you will share my optimism, whether you're paying 3.4 or 3.5 will matter little when the company start coming out with news. Good luck with it.