Blastoff
the $2 figure is not so far fetched when you think about some future possibilities, particularly in say 12 months time......
1. Texas - Deerslayer & others deliver, Texas assets (in total) worth $0.50 to SP.
2. Cooper - 12 months of further drilling, positive results continue, market values csg concept $0.50 to SP.
3. Baniyas is a discovery $0.70 to SP.
SP = $1.70 Xmas 2011
I realise the above analogy is full dreams, wishes and hopes but it's all on the agenda for 2011 and possible if the cards fall our way!
My point is the situation can change very quickly and that is why we spec invest - to catch the big moves when they happen!
Cheers
HC
great announcement, page-35
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