I hardly ever post here, despite being an avid reader - but my time frame is 2 to 3 years for substantial returns. However, I do think that the near term news could drive the SP toward the 50p mark - ie GE and the licensing round. The reason I invested though is the management team here are proven - they spread risk and deliver, but that also means you need patience. I have been in almost since the start, but am very happy with progress thus far. I also believe the recent deals whilst diluting GE impact are for the longer term benefit of Encore.