last chance to top up, page-10

Is there any possibility Peter Willcox is disguised behind one of those nics?

It is no matter - tomorrow we may all be rich beyond our wildest imaginings - or maybe joining the soup lines!

The lack of a significant run-up to this "sure thing" worries me - maybe the market has digested that production will not be on-line until at least next year and believes it may be possible to take a position at a good price during the wait until production. I'm betting on Wardie to put a spanner in the works (potentially pushing the SP well beyond $2.00 with a stellar result). Of course if Wardie is a duster that may be even better from an entry point of view if a crazy pessimistic market over-reacts and sells this down below 50c despite large commercial oil reserves in West Seahorse.

As I understand - just confirming the oil we know of in WS justifies multiples of the current SP, and finding oil in the lower formations greatly lowers the LKO and increases the amount of oil play - upgrading resource to a level that could see the SP increase many-fold just on the basis of WS - even if Wardie is disappointing.