I wouldn't touch PHUN either, and I'm pissed that the FO board decided to spend our money investing in this company. Some Juniors have a lot going for them and some don't. To me PHUN is much more of a hope and prayer company than Falcon.
Maybe the US gas play will work for us, but I see it as being a cash burner more than anything. The AU play is just a pipedream. This game will be won or lost in the Mako Trough.