10-03-2012, 11:51 PM
I agree. I was looking at Oil Search's balance sheet yesterday and really once IOC can book E/A as a Reserve & once we get the cash from the sell down IOC's balance sheet and prospects will look on par with if not better than Oil Search's but at today's price is trading for 1/3 of Oil Search which tells me either the pps will soon be going much higher or a SM is going to come in and take us over for a substantial bargain (One thing to note is my comparison to Oil Search puts NO value on Triceratops which hopefully will change by EOY). It's about to get interesting

