beside the strong revenue over next 12 months , a surging oil...

beside the strong revenue over next 12 months , a surging oil price also increases the chance of FID on the RSC even further

i am most probably the most bullish on Roc now than i have been for a while, as that not only have 3 big SP catalysts
1. 2014 prod and revenue ( when market realises)
2. RSC FID
3 Bohai wells ( as position is material ( 50% more than Beibu post a Cnooc buy in) and tarhets are Beibu some

and we have this upside with the benefit of knowing we have a nearly 160m aid position in cash and investment.

the best risk adjusted oil stock going around imo. nothing presents a better combination of capital safety and upside