now we have a value reference..., page-3

Tibbs,

Yep, GUJ needs to rise some 200% just to put them on par with INR in my view.

Its in a holding pattern, one suspects for good reason...it would be nice however if they could hurry up and sort out the corporate stuff for the benefit of shareholders.

And where is the Cethana drilling?

My only fear is the market cap is being managed as part of some merger/takeover scenario, perhaps based on a script swap with INR?

Fair value is multiples of current levels...so not sure if they could get away with such a ploy anyway.

Cheers!