hartleys update, page-12

i like the conclusion of this report

Conclusions
Sun’s asset portfolio has an attractive level of diversification with: mature producing assets in the USA;
development options for its producing assets, which could double revenues in the next financial year;
exploration opportunities in the USA that have the potential to double or triple the share price in the shortmedium
term; company making potential in the recently awarded onshore Thailand block, with drilling possible
late this year; and a sleeping elephant in Malta that also has company making potential. Sun is looking to
emulate the success of Carnarvon, who delivered up to a 7X return on investment during 2007, whilst at the
same time has limited downside risk exposure through increasing levels of production in the US. These factors
make Sun an attractive investment in this end of the market and we rate Sun Resources Limited a Speculative
Buy. Valued at 17-23cps.