Hardmano, Dusters are part of the cost of drilling good wells;...

Hardmano,

Dusters are part of the cost of drilling good wells; by law of averages they MUST occur. May I suggest that you focus on what HDR HAS NOW rather than what they could and will have later. And take note of Simon's statement in the Quarterly re Tiof studies--we are going to have production from Tiof. Now look at the rising Japanese IP just published and the rising YEN. Just when we had become aware of China 's and India's growing need for energy, up re-appears Japan-- they are the # 2 world's economy even now.

If you do some well reasoned calcs you can see that HDR NOW is worth over $5 per share at $US65/bbl for oil. Do not wait old boy; buy HDR.