shooting up to over 10 cents within 4 weeks ?

It happened before to OBL SP:

On 27FEB12 -- 3.7 cents.....four weeks later..
...26MAR12 -- 10 cents

WE can expect some immediate action after the granting of Derby Block licence to OBL:

Besides various options outlined by OBL management and hc mates in the recent past, which include:

(Chinese?) cornerstone investor
Derby Block farm-in
Backreef Block farm-in
OXX farm-in (CUE holds already 10m++ shares )

May be T/O

Don't forget:
Big BRUther next door is VERY interested in the Derby Block, read again:

27SEP12 BRU announces, that it will acquire
“the right to a 50% interest in the permit to be issued in respect of application area 5/07-8, from Backreef Oil Limited” (after title has been allocated, which I believe will now take place first week of January14).
“Application area 5/07-8 is at a much earlier stage of exploration, but contains Laurel trend prospects,
reefal anomalies, and shallow oil plays.
We are very much looking forward to continuing our aggressive exploration and
development of the Superbasin over a wider and more comprehensive portfolio.”

21DEC12 OBL informs Backreef Oil about their breach of JV agreement

06February 13 OBL counter offer to Backreef Oil

OBL offers OXX conditional farmin participation to Derby block future title 5/07-8 EP
http://www.asx.com.au/asxpdf/20130206/pdf/42cw7htnnn0fcc.pdf

I have no intention to upramp or downramp, just to give some food for thought, while waiting for the court decision in one hour. DYR and enjoy.

IMO everything is possible..........even an SP over 10 cents within four weeks.