Hu Sushi,It sounds like you are worried about STU, well you...

Hu Sushi,
It sounds like you are worried about STU, well you should not.
Stuart is first class and if it was not for the hedging mistake of the past , we should have even seen better figures and the market would have pushed this one already into the $1.50 a share.
Now we have to wait a little longer for the market to see the bright side but its happening as we speak.
The quaterly was as expected, very good indeed and wait till we see the latest drilling results from the current well. We know we have oil in the first target it will give us even more change to find oil in the rest as it was with Reg Spigg West.
With more oil being added to their reserves and the increase of production to current levels we can see this company making a hell of a lot of money for a junior explorer in the next financial year.
The Reg Sprigg west and some more production wells plus the hopefully current well will underpin production levels for the next financial year.
Hedging will become a minor obstacle for generating optimal profits as we move into the next finacial year and oil prices do not likely to go down much in the current enviroment.
Last but not least keep in mind that exploration succes in the cooper has been far above average for Stuart.

So jus to keep it short, the market has not realised the hidden value in Stuart yet but will very soon with more good drilling results and a continuation of excellent profit results.

jojo