Ann: Block 9 Early Production Testing Update, page-639

Obviously as all the intelligent investors have there capital tied up here. Absolutely no idea why anyone would throw more money at this dog averaging down. Catching a falling knife is a pure amateurs game and a guaranteed way to burn capital. There only one way the price can go as no reasonable explanation has been given for 2 failed wells which investors were led to believe had the potential of high flow rates. No clear plan has been put to investors moving forward and the Kiki hood of them producing and exporting by the end of the year is between none and zero.
The little trust and Confidence investors had in management has now evaporated after the recent disasters and they will find it difficult to find new investors with the current uncertainty and lack of direction moving forward. Can’t see any reason the shareprice will hold 1.5 cents short term and potentially May fall further. Management in no rush as the top dog on $500k a year so he happy to drag it out