Ann: Advice of Project Won , page-7

Looks like getting closer to fair value with the upside being all 2011 revenues locked in and a big chunk of 2012 revenue also being secured.
Still plenty of tenders on offer and with such a high ROE any future contracts offer plenty of upside in the SP.
Having held FGE from mid 60c to mid $4 i see a lot of similarities in the business model.
Also an ideal target for some of the cashed up larger players.