BCQEC You are of course right and it certainly all makes more sense once the whole article is available (thanks expeter). I'm furious that Hegnar published just half of the analysis from First Securities! Only providing sensational coverage of the speculative potential upside whilst not mentioning the possible downside, although it was fully covered within the buy recomendation, cannot be considered anything other than deliberately misleading. I'm sorry I translated and posted the article before realising there was more to it. :-(