Ann: Reinstatement to Official Quotation , page-10

4938 - were do you get your figures from of $9 million each?

"The Major Shareholders have confirmed their
intention to take up their full entitlements under the Revised Entitlement Issue and to subunderwrite
a portion of any shortfall up to a MAXIMUM INVESTMENT of A$4.3 million each" (capitals added by KB2 for emphasis).

I suggest you actually read OEL's announcements in the future before posting. You see that is the issue here - those presenting legitimate facts and criticisms are not being responded to with legitimate counter arguments.

When the major S/Hs have actually stumped up the cash ie a fact (not a promise), I will be impressed. In any event, if they do stump up cash, Euroz will be dumping OEL shares by the bucketfull onto the market, because they will be at their full entitlement (is this false or misleading?).

4938 - again I challenge you to show me where my comments are false or misleading (I have already shown you where yours are!). How about a few facts so we can have a rational debate.

Interesting times ahead for OEL over the next month. I sit each day in anticipation of the next episode in this drama. I suspect we are coming to the finale one way or the other. For all concerned, I hope OEL finds a stable way forward. In the meantime, I am still exoecting to see 2 to 3 cents per share in the not too distant future.