"Well I finally did a little DD on Beetaloo, and I am sticking to my early guess that its 5-10% that it will lead to development within a reasonable investment timeframe"
This actually makes me feel a bit better as I was beginning to think the odds were a little worse than this. With a trading price around 16 cents and a 5 -10% chance of a multi-billion dollar asset coming on stream we could eventually see $2 plus on this stock with any luck. The downside from 16 cents, by comparison, appears to be fairly limited right now. Only bankruptcy will take us down below 10 cents IMO and I think that Renova and Burlingame will fight hard to stop that from happening, especially if Bruner is able to raise some of the financing down under. Regards Paul