hartleys spec buy recommendation in the west

The west have printed a speculative buy recommendation in today's paper (4/2/12):

"The market appeas to be punishing Nexus for not following through on the original Crux development. A market cap of $265 million and a look-through value for Crux of $637 million reflects value on its own but access to cash over the next year through the sale of Crux long lead items and the Crux 2 per cent option means Longtom can also be de-risked through the repayment of debt. Price 20.5c, target 32c."

Chart looks like it may have bottomed out as well??