Ann: Brasher 1 Yegua Gas Discovery and Test Resul, page-19

re: Ann: Brasher 1 Yegua Gas Discovery and Te... You know what they say...never invest more than you can afford to lose.

As long as you don't have your house on a bet on whats under the ground in the US, and that you can still sleep at night, then you should do pretty good out of this one.

I bought into NSE at 13 and sold out at 19 and pumped the remainder into BUR as I think this company has alot of upside potential and is fairly undervalued at the moment. People are holding out of this one until the rights issue is over but I didnt want to risk that once it stops trading ex-entitlement that it gets pumped to over 7c a share. I honestly believe that whoever takes up their rights issue will not dump straight onto the market as they will be waiting on the next sets of drill results. Remembering that although the offer is not underwritten the directors can still offer any shortfall to BUR's major shareholders.

There is a couple of exciting months ahead with BUR and NSE and I would rather be on board then sitting back and watching from the sidelines.