target price huge potential equals huge pri

Sxp has so much potential that when you consider the shear size of the basin (65,000 km sq) this is absolutely massive.

ie: the find would also be "massive"

Ever so close to cooper basin, sharing similar landscape to cooper basin.

Id say there has been accumilation happening over the last two weeks .

There is potentially 30 billion tons of coal , even brown coal if to say it is may be given to power stations . Millions of dollars in that alone.

But as far as the big picture goes if oil / gas etc etc is found there will be huge demand from many other companies wanting a share of the action.

As far as a price comensurate with the degree of potential & possibilities. I would say dont be surprised if this stock is trading at $1.50 by end of June and $4.00 by August - September 2008.

Look at other stocks that have gone low teens to $$$$ ever quickly.

Just too much potential to put on the sidline and not act.