Re: Question for the group
Bottom line - they are getting gas. Its a different world over there, gas is harder to get but its worth a lot more. The banks are not going to pull the plug because they wouldn't know what to do with this. I think with another increase in gas prices, connecting some wells and fixing some others they could be at $10 million without drilling another well. McElwrath wants a farmout but Ashmore and SC want their money. I think it goes nowhere/lower until something happens. I'm a buyer but not yet.