NGE

While it is embarrassing to have suggested NGE as a stock of the future, its real value is seen outside of the ASX. Its joint partner (Talisman) has taken in a joint partner (Mitsubishi). Hence the 50% that NGE already own and has not changed, should increase in value.

http://www.proactiveinvestors.com.au/companies/news/27180/new-guinea-energy-to-receive-lift-following-mitsubishi-and-talisman-energy-deal-27180.html

Yet the market has only marked it up a bit. If the in-ground "anticipated" value of the tenements is reflected in the share price, NGE would be worth many times more. So, I will sit and wait. After all, I have already done one top up in Dec 2011 at 4.6c. Yesterday, it closed at 5.8c.