Hi " Syd," Good question,,!!! Ageius research on the National...

Hi " Syd,"
Good question,,!!! Ageius research on the National bank site, has a valuation of $1-65 as it stands..

I've had this stock on my watch list for years, but it's really hard to buy at cheep prices,, tightly held..!!
Have traded INP ....4 times since 2004..and bought back in when the drillbit started to turn in their saddle.

When they got their hit, i turned to this stock as quickly as possible, and got in at 93c with great difficulty..!!
STU are all around INP.....A full tennament perimeter to the west of the oil and east of the gas,,, a full perimeter to the north of the oil,, one tennament removed to the north west, and quite a few,, well removed to the south west.!!

Even without this though,, STU are a high quality company,, increasingly successful, and with future diversity in the 50% interest in the proposed Diesel refinery and import -export terminal in SA.

That terminal will have a storage capacity for 80 million litres of fuel, and the refinery will do a minium of 100mil litres of diesel per year.I believe that their partner has the SA fuel distribution business, well in hand..!!

Then there is the Gipsland basin off shore Victoria tennament, Vic P-53...Looks highly prospective on the 3D seismic..
Even better still,, they will be self funding this project...---NO share issues..!!

STU even pays a dividend........All around it's a killer of a stock,, but well under the radar even now..!!

I would'nt be at all supprised to see it trading at $ 2-50 or there abouts in a years time..

That would be good for us mate..!!

Good luck and Cheers..!!