Ann: Bianchi-1 Well - Drilling Update , page-37

I haven't seen any news come out of late that may affect the share price in such a negative way... Clearly end of year games (e.g. tax related selling) and clearly negative sentiment towards resource stocks.

Troy seems pleased overall with Taunton and drilling is going deeper than anticipated at Bianchi1 (which IMO will hopefully be a good sign?). Why bother drilling deeper otherwise?

I know there are conflicting views in so far as to what to do with the potential proceeds should TAP sell Zola and Tallaganda, but with the share price continuing to dive surely a $10 - 20 million buyback is likely to support the share price. Why potentially look at new acquisitions when you can buy your own stock at very low prices.