Planet Gas seems to have sprung to life again. Colonial have now have reduced there holdings which have been a constant selling pressure most of the year. Drilling to commence on the next section of gas wells in the next few weeks which will see most dewatering by the end of the quarter and Oriva is currently dewatering with I hear some excellent results. United States gas prices currently around US$10 will see this company make big $$$$$. A share price re-rating is iminent with Macquarie the big buyers of this stock over the last few months.
PGS Price at posting:
0.0¢ Sentiment: None Disclosure: Held
