fut us summary & valuation..., page-4

Ronmac...that makes for some very exciting reading.

I dont think the market is fully aware of the SP upside with FUT.

2-5 cents in the short term is possible after Brian No 1 results come in. The company will then have a mandate to go on and develop the Tuscaloosa Field to open up a "lazy" 1.26 tcf.

Not to metion the CSM project in France.

The downside risk is rapidly evaporating in FUT and the upside potential is only just being realised.