may spend about $500m on a single transaction, page-5

From what Bondy is saying, we could have $500m coming in from sale, and another $500m to be spent on oil producing assets in the US to go out in the next 6 months. These cash flow positive aquisitions with no net debt is the turning point from a cash outflow explorer/developer with borrowing leverage, to a cash flow oil producer paying further dividends one would think tis would leave a good basis for the next upside to hold. With the sale producing a net profit figure after tax of say $356m, or 71c a share. Then there is also a rerating for being an oiler, giving a higher share price ratio to energy assets in oil/gas on a PJ basis being higher than that of explorer miner.