what does it take?, page-4

my view on the valuations are no where near the same as todays sp.. i think the results of kennedy and weston speak for themselves, and thats because no one else is speaking about them in the jvp.. they would mean a lot more if the jvp cares to elaborate a little..

if i saw no upside i am sure a mass sell off would be occurring, but thats not happening is it?

my view is like the majority, its no where close atm

time will tell if the jvp will talk it up or just sit quiet.

those selling today will probably not have understood the announcement as it came with zero fanfare.. but imho if you look at slide 19 of the petrohawk presentation from the other day then the use of a calculator and a bit of maths and your probably not seeing todays prices as the upside..

http://www.petrohawk.com/ir/presentations-events.aspx

that would be my guess

imho with rancho grande about to spud, morgan still drilling and easley about to frac.. all free carried, plus 2 wells flowing at 11mmcfpde.. its early days and plenty more to come

all imho and dyor