Kwaidan1re; broker upgrades etcIt seems finally oil and gas...

Kwaidan1

re; broker upgrades etc

It seems finally oil and gas producers are going to get their ' time in the sun '.

If you were to transpose these sort of figures onto the ABN AMRO report and add a respectable figure for success at Schwing (instead of the paultry 11c attributed to exploration upside) current sp is an ABSOLUTE STEAL.

This stock is worth every cent of $2 if Schwing comes in in-line with expectations, Knowing managements preference for conservative statements (rather than wildly optimistic), what if Schwing turns out to be bigger than has been conservatively estimated ??

Certainly agree that price of oil will be subject to fluctuations but i reckon its probably now got a floor around US$90-US$93

regards

R Dog