looks set to run, page-3

Because dry hole has got Jingemia and will soon have cashflow from PEL 104 and/or PEL 111 and/or PEL 115.They are bound to have at least one success there if not more.(especially 104)

Remember the price of Beach etc. before they drilled in the Cooper`s?????

That`s why people are taking positions!!!!!

Gilgulgul looks very promising as well.Look at some research from Oilex they are very confident on this one and even feel it could contain 30 million barrels not 16.(Drilling end of Jan - see announcement today).

Ian have you been watching LKO shareprice lately they also have a large No of shares and it turned over a huge amount of shares but still had a good % gain.

Much harder for a 30c company to go to 90c - $1.20 but for a company to go from 2c to 8c from one or two discoveries particularly from Coopers, NOT SO DIFFICULT.

Obviously the risk is much higher for the smaller spec but you still get a good TRADING opportunity.