fully diluted mkt cap seems high imho, page-50

I hear you ric

It just that most of the smaller oil companies as penny dreadfalls.

Bad management with snouts in the trough eg TTE, EGO, Ndo,, or have no money and exploring offshore some god forsaken third world country or have small landholding such as Sxy, Obl, Key.

That not to say they do not have there day in the sun, but you have to be quick.

Meanwhile as i said before Bru and Bpt have commanding position in there respective HC basin (yes Nse there as well but no longer commanding due to farmout deal)so as an educated punt holding only these two in your pension fund should result in a stellar return over the next free years.

I refer you back to Eric last comment which was something like

for an oil company it doesn't get much more exciting than this!!!

The game changer for Bru in the new dolomite reservoir at Ungani, that is huge I mean huge, truly enormous and the market still doesn't get it.

I let you know that BHP etal do