meeting with ms, page-133

Taz

As you seem to be very conversant with what is happening,unlike many of us, sadly, what would you say today to those of us who have had the faith to continue holding for long term benefit,looking at the current close around 0.96c - in other words, where is our joy?

The share is where it is because:

The funds in Pensador have not been proven to the market

The market has not been made aware of how the claw back will work

The market overall doesn't really believe (IMO) that what has been said will happen - and there is a risk that it may not

As Siamese Parrot posted today, we are following the ASX in our bumpy ride

Still don't have a lot signed off

So - where's the joy? Once the market is convinced that the Pensador deal is real, that we WILL be getting access to $1.1B in cash, that oil is signed off and that the machinery is place to meet short, medium and long term goals the stock will no longer be worth 9.6 cents.

HTH