Simon wrotei am amazed that there has been so little discussion...

Simon wrote

i am amazed that there has been so little discussion about Bazzard (drilling now).

There is a risked target of 100 million barrels of oil, there is a direct hydrocarbon indicator on seismic and STU has 50%.

Sure - they are paying but Strachan calculates that a successfull outcome is worth $12 a share to STU.

Thats a 10 bagger kids..

Has to be one of the highest reward plays going at the moment. Personally, I dont want to be out of this and I have opened a CFD position iwth a stop at $1.00

to add to the above Comsec have a buy out perform.

Also modern 3D seismic indicates several zones of interest.

Worth a look to speccy players I M O