TULLOW OIL - worth another look?

Given the current sp, a 10p swing is neither here, nor, there. Also, unless there is a fundamental breakdown in oil prices(highly unlikely) any siginificant oil find in which TLW has a stake in, is money in the bank. Taking that to its finality, most companies that generate huge cashflows and whose sp is seriously below the NAV, or, even fair value, often become bid tgts. Just as one swallow doesn't make a summer; so one winter will not necessarily make or break TLW. However, looking at the reality of its 2005 FY and 2006/7 global prospects in the round, it is difficult to imagine the sp not being significantly higher in 2006 and beyond. Conflicting opinions based on reasonable assumptions are a healthy sign.