market overreaction, page-39

I have been reading everything today in disbelief as to how such promising ground (as touted by the co in many presentations) can deliver us next to nothing (according to the anns)

I have had an absolute gutsful of all these trips and presentations. Are we a public speaking company or are we an oil drilling company?

Drill - Find Oil - Then spruik.

Cart before the horse imo as to telling the world about how much potential our land holds and now we are drilling we are finding out otherwise. I can just imagine TB on site - "hmmm - there was oil here a second ago - why don't you try looking under here boys..."

I keep getting the feeling though that there is something at play here as I cannot understand why the anns are written in such a manner that they focus on the negative rather than the positive. The confidential status on SOA2 is odd as well - if there is another co sniffing around surely you would want to pump up the sp as much as possible (with some positive anns) to avoid a takeover but now we are prime for a cheap bid just in case there really is loads of oil under our land.

Whilst I am still in the green (as I have held these since 2.5c and was going to hold until full field development) I am starting to get somewhat disappointed by these games played at shareholders expense.

Time for the incompetence to end before TB finds the bottom of the cash pit.