march update, page-12

higher volume and buy sell depth does indicate a change in sentiment.

I agree any SP appreciation will be quick.

Block M is very exciting as success will not only add alot to value but mean future additions highly likely. This is a very prospective region that produces despite its tiny size more than twice the oil of onshore and offshore Australia.

If we have success in Block M then we can sit back and ride the big well exploration knowing the value of the stock has a base level of 1.20-1.50. This will shape up to be a very interesting 12-18 months imo