knowing the industry before you invest, page-2

You've summed it up perfectly Discman.

The market is 6-12 months behind in its valuation of NMS.

We saw how the SP rallied on the Qatar Gas and Gorgon annoucements. The fallback on the announcement regarding the previous half year earnings is to be expected given the recent GFC. The company has done what it needed to do short term, to ensure the long term plan stays intact.

Cheers