Hi Galois,

I agree with you that we have two large assetes now but we won't have to wait 3-4 months for news. MB said we may hear as early as the end of June on the St. Eduoard well in the TBR which should give us a considerable amount of upside that we've all been waiting for... if results are good. I would think we're 12-18 months away from the first production in the lowlands and as we get closer to that time, one can only guess how high the sp will go. Production means cash flow. If NG goes to 7.00 like Picken's says then 3.00 + netbacks will be the norm and we will see some very large valuations in our sp.

BCQEC