highlights from last presentation , page-34

Hi all. First post here. Yes, AUT has been good to many early shareholders (including those with more modest holdings like myself). I agree that a lot of those shareholders owe OGG a beer (or ten) for his research and postings. The same here with NSE and Anatol (in particular). Thank you.

We are all responsible for making our own investment decisions but weighing up the comprehensive research done and selflessly posted by some of our regular NSE posters certainly helps fill in the gaps.

I'm no expert in the geology but I like the similarities between AUT and NSE in terms of:
- smart management with plenty of skin in the game;
- smart partnering/farm-ins; and
- strong potential for liquids-rich condensate (from which AUT seems to derive around 85-90% of its revenue).

Although the Canning is light years behind the Eagleford in terms of infrastructure, the scale of NSE's potential in the Canning alone completely dwarfs AUT so who knows where this could be in 5 years.

The gas isn't going anywhere and demand is only going one way. That's why I'm more than happy to sit on this for the long, long-term and have doubled my (modest) holdings in the last little while. Just hope the company itself is still around in 5 years to enjoy the fruits of success here (I'm a refugee from ADI and ADE and would be gutted to have the same thing happen here).

Anyway, thanks to all you regular posters. Enjoy the discussion and look forward (fingers crossed) to celebrating some good drilling results in the next little while.