your money your call, page-25

There seems to be nothing in this mornings trading to suggest anything other than small holders/new small holders are topping up or buying in.
Somebody will have the numbers - but what is the company worth now - taking into account the likely income from 1st 4 wells - memory tells me it's about 4-5c PS. If that's the case then all have excellent reasons to buy in now. I can't see it retracing heavily - maybe back to 2.3 or 2.4
I would imagine SG and his team will be working a model of whatif on various wells up to - probably June 2012. Like he did with OPL years ago. Success in these 1st 10 should result in a SP of at least 8-10c. Success in a further 10-15 could well see us worth around 25-35c - and that is then right in the money.
Just my opinion.