Hi Jocam I would go along with your first choice Beach Petroleoum Paying a divvy and good upside maybe not a 6 bagger but a very safe punt . I think that the upside for Beach could be a takeover for a smaller junior oiler with good prospects . A very much undervalued oiler is Lakes Oil but in your timeframe 2003 ----2004 will not perform . Their 100 percent ownership of the permit that holds the Troas Gas Fields in Bass Strait off shore Soth Australia makes them a Ten Bagger when a major decides to swallow them Regards Towie I am waiting for them to have a Capital reconstruction and a capital raising I will then be in for the long term Towie
