Yeh i agree entirely with onshow and co. I dont want to see any debt or any other purchases, im in it only because of PEL570 and quality management.
$1 would do us all nicely i think hangas.
The Daily Reckoning has been banging on about australias energy (shale) stock blowout. check out there website for more info or a trial subsription. not sure how accurate they have been in hte past but they mention that April/may will be a critical time for Aussie shale stocks. I know they are trying to sell subscriptions, but i was just interested to know which well they are talking about.....strongly suspect its in the cooper but it could be the canning basin. TDR quote: "The SECOND green light will come in the form a single set of drilling results. This drilling takes place in April 2013.If they're GOOD results, then Aussie shale gas is finally 'in play'."
AQO Price at posting:
21.5¢ Sentiment: LT Buy Disclosure: Held