Here's a part of what investorweb research had to say. Report is...

Here's a part of what investorweb research had to say. Report is dated 03/08/04

"Over the medium term, there is likely to be good news as the company clarifies its reserves position in light of recent exploration efforts. Despite the excellent levels of profitability and debt-free balance sheet we await news on the degree of reserve improvement and likely development options of these reserves before upgrading our rating. Therefore, we have maintained our Hold rating."