Ann: Weekly Drilling Update - Red Gully North-1, page-41

Oh well, very disappointing news, really had hoped our switched on board were on top of the game, their wonderful insight of the benefits of such a huge consolidation was going to prove most of us wrong today and going to make me lots of money. But unfortunately they used a TH to stop the SP falling last week in a panic.. Strong professional leadership?????? I am seriously considering is this what we have here.

Seriously a TH for what, another drilling report update. Just read all their other TH announcemnents, SP falls, unfortunately here we go again, it will happen Willo. Do they honestly understand what TH are for and what is market sensitive information. Not call them to protect the SP. Just so disappointed with what this board are doing and treating this company like a weekend business.

Do they really know what they are doing. Starting to look like the characters of the wizard of oz. I am trying to be positive but reality is, we are all going to see the SP free fall in the coming months, I am so worried. Do they really think they can find a farmin. No farmin coming as the SH's, the market and everyone is seriously questioning the abilities of our wizards of oz. This is such a sad story, please board wake up and get your acts together and start acting like serious Oil and Gas directors who actually understand what is seriously needed. This isn't a game or play thing, it's all of us and even your money. Please wake up.

As I have said before this well was the wrong well to do first and it's a really long wait until Lockyer is done. Willo the SP is going to fall big time with months of doing nothing. Not down ramping just calling it the way I see it. I understand why so many SH's are so angry, if they keep doing as they are doing eventually you will join the unhappy EGO holders. They have very right to be upset as I am.

Well at least don't have to worry about EGO over the holiday season as nothing is going to happen until another 9-12 months. Just think of all the money wasted on this drill compared to what we could have had and announced if Lockyer was done. Anyway got to get kids off to school just so frustrated, angry but life goes on.