Looking forward, page-44

Fair enough comments...

Consolidation: IMO and from what I have seen over the years, once these are done and dusted, the share price heads lower in about 80% of those cases. 1:10 consolidation, 13c share price, then it goes to 5c. Same thing as his point of traders just keeping this within a range but lower again. Maybe with the revenues coming through, it MIGHT hold up and there might be more interest from others wanting to enter.

The only thing that is holding this back is the negativity which seems to be ingrained within the price BUT I truly believe that we are getting close to the end of the upper sellers controlling this. 1.5c is going to be the magic number whereby this should start to push higher.

Everything is in place.

As to management and their options going forward. The 4 points laid out: Share Buybacks, Dividends, Acquisitions, Exploration.

In my view, management are being careful with their spending of money and they don't want to reverse the situation of having a bad well with the subsequent outcome of wasted cashflows.

Share buy back: $30m gets them over 2 billion shares returned to the company at 1.4c. This would improve the EPS and PE ratios and might spark some interest. It might also wipe out those holding it back.

Dividends: What is going to be reasonable and how much will be paid out to make this reasonable? I suggest 0.1c which would be a total of $5m and leave enough there for rainy days in the near term.

Acquisitions: I recall somewhere (but could be wrong) that they mentioned various options of selling various assets or looking to other partnerships etc. Not so much as acquisitions but conservative spending to enhance the company in the future?

Exploration: Maybe this goes back to my prior point that they are being cautious of spending money without ensuring a high success rate? From what I picked up of reading and listening, they are using the data obtained to make better decisions going forward. Therefore the wells might be slow at present, but they might increase to the target of the 5 year plan but increasing as the years progress?

I would like to believe that either within the quarterly or within one of recently drilled well updates to come, they will provide some of that needed direction and answers to the questions being asked on these threads.

If uncertainty is reduced or removed, then it might be the catalyst for pushing this higher and then reflected within the share price.

I haven't been a shareholder for a long time. I came across this around the first cash flow positive results being shown. That in itself is an awesome outcome for such a small company. Their successful wells is another thing that is rare among oil and gas exploration companies. We should praise this fact alone.

Maybe someone can whisper in the ear of those that might help this along, "Remove the uncertainty. Provide some direction and a pathway" (not set in stone) for some vision of the future.

I hope I can instil some upbeat positivity (mostly based upon financial facts) instead of people looking in the past and seeing everything that has gone wrong or was not achieved. Look to what is happening.. Glass half full or glass half empty. That is each and everyone's personal choice.

When it does run, then I will mostly keep quiet and let it do its thing. Then you can be thankful to not hear my voice.. Is that reason enough to push this higher