question, page-39

re: = 1.90 soon? = 26102005 ??? Rager,

I wish you would read what I have written and not just jump on the "double whingers" bandwagon. Double whingers are those who whinge about the whingers.

Condensed down to as little as possible.

My primary concern is the lack of disclosure of correct information to shareholders. When there have been statements made, they are either vague or conficting with information from other operators. Some examples.

1. Simon tells some analysts that Tiof commerciality is on. Woodside then immediately issue a conflicting ASX announcement. Who do we believe?

2. Tiof after 6 or so successful test wells(according to Simon's open briefing) and a flow test exceeding expectations as well as a statement advising a billion barrels in place after being haled as a godsend is then degraded by statements saying that it is "spaghetti" like and that it may not be commercial or at best partially commercial.

3. Tevet 2 great announcement one day, negative statement the next day.

4. Tevet deep has a "kick". No explanation given.Even the geos had trouble trying to decipher that.

5. Continual statements that negotiations are in their final stages with a farmin partner for French Guyane.

As a shareholder I have a right to direct my questions to the company - not just bleat to everyone on HC. - no response, not once but twice. Others have done the same and been ignored.

Most of us in this forum know that management speak regularly with some investors and thankfully these posters often share some of the details with us.

Investors shoud not have to read Hotcopper day and night to try and sort out fact from fiction.

Proper disclosure is a law and a right, not a luxury and at the directors discretion.

And by the way Rager I have no hesitation in standing up at an AGM and asking sensible questions. I have done it often. I reject your suggestion that I am making a fool of myself and your sly remark that I will not have the balls to stand up for myself "in the flesh" at the AGM. What gives you the right to make such an assumption? Or are you just hiding behind your anonymity. Ponder that my friend.

You mentioned Enron and HIH. If the shareholders in these companies were willing to expect more from their directors the outcome might have been different.

I think it is a little bit selfish of some investors who bought in around 4 cents sitting back counting their paper profits and praising the company no matter what. Personally I am in a similar fortunate position to have got on board early. That does not mean that anything goes and management can do whatever they like as long as I make money.

What if you had done all your due dilligence and study a year ago and become an investor at the $2.50 level. You may not be quite as cocky and comfortable with the current situation.