qurai, Agree management haven't been very good so far but I dont agree only a takeover will enhance its value. I have always believed that Gazprom will eventually take them out. However to get anything like their potential value they need to be successful with a few wells. If 103 and then 105 are a success and they ramp up Kemerkol and even buy another company 60p will be a distant memory. One decent find will turn this around and will be viewed in a different light by the city. I hope its 103.