a broker report has a strong buy, page-5

re: unless i am mistaken Millways,

Look at it a different way. First check out the people. They have heaps of knowledge, esp local knowledge. Two are directors of Beach, & look at what that company has achieved.

Then note the mkt cap, less than $10m. They have loads of prospects, so if punt hill is a dud, there isn't that much downside. Infact they plan to do ten holes, & if that's no good then they will move on to Ambrosia, which looks pretty good too.

Limited downside... massive upside. The best type of speccie to be in, imho.