Cash backing and Ungani at 1,500 bop FY14 ramping up to 5,000...

Cash backing and Ungani at 1,500 bop FY14 ramping up to 5,000 bops FY 15 and beyond would justify the current share price at a discount rate of 7%. A gas project by Buru is the icing on the cake. I think you need to have a 5 year horizon with this stock, but the returns could be impressive. If you believe in Buru's assets but are worried of the twists and turns (and dilution) required to bring them to market, it may be a better holding than Buru, but less short run upside. Another oil exploration find along trend will also give this stock a leg up.