next leg is up, page-11

now they have had a problem they need to keep share holders informed so the share price doesnt collapse completly

eg the frac was cancelled for a week and was taking place on sunday the following week

then on wednesday he states the frac took place yesterday which was tuesday 2 days after it was sheduled - even thats fine
but
now there has been a problem if they don`t get back in days but leave it for a week then you can be assured its bad because if when they clean out the casing it will either flow gas or nothing or water as in para 2 - if theres gas theyll let us know fast

truth be known management already know if theres water or nothing or a real gusher

worst fears are ann saying plans are underway for para 4 which would mean para 3 is another dud

fingers crossed even if management try and stuff it up itll still be a gusher

am starting to wonder if the recent sale of the iron ore tenament was to guarantee their wages for a few more years

but at this point live in hope and will hold - well the price is sooo low its not worth selling and I think thats all thats stopping people atm from selling

if this ones a dud then a para 4 would be as well - if you cant get gas in 3 wells then 50 wells wont make any difference because whats below the ground would be the same for all of them

another note is that para 3 was to be a dedicated production well
in the last ann it now calls it an appraisal and production well as in para 2

so dont know whats going to happen but hope its all going to be fine
but if its not wouldnt even consider holding 1 share in a para 4

just my thoughts obviously based on dissapointment obviously

but still hoping and hope all ends up well for all us shareholders