oil soars, page-4

thanks diamand

i was beginning to wonder if there were in fact any old holders here, and if not, why not...

the current sp movement does not concern me, in fact i am grateful, as i would like a whole lot more than i have right now, and am going to be buying small lots for a while.

my main interest in the oil price is that it reflects what kind of rerating we can expect for this company as it proves its worth from august through to november.

even a good old fashioned PE of 10 will do me. on the initial 200bopd at $US65 that would equate to a tidy 5 fold increase in the SP, or around 15 times your money back on the oppies.

i usually expect those kinds of gains to be linked to much higher risk, which is why i was asking if there was anything untoward about the company or project. but as far as i can google, no surprises yet. fingers crossed...