in the crosshairs, page-5

I don't know about unduly pessimistic. I hold plenty of stock, and it comprises over 50% of my portfolio so I would hope I am not pessimistic about the stock. I would definitely love it to hit $2 by Sept, but am not prepared to stick my neck out that far in the current market conditions. I think it is worth that much now, but so soon after a large capital raising from the options and the doom and gloom in the sharemarkets means it is, in my opinion, substantially undervalued and will probably continue to be in the near term. I'm also not sure where oil prices will go for the remainder of the year but I would imagine that they will remain strong by historical standards.
Having said that, I think it will still outperform the market by a long way and it is a good bet that it will hit $2 (on the ASX) by year end.