annual report, page-39

If there's a no vote STO only have to walk away for 6 months, wait for the next heavily, heavily diluted capital raising, revise their offer down and mop up the pieces.

The Directors have let everyone down with their market comms but they're also significant shareholders in the company. You think they're rolling over for a tummy tickle and a few sloppy DK fairy-kisses at night? Get real. They want an outcome and a pay day as big as possible just like the rest of us. They have the inside running on the data. They haven't released any reserves upgrade or information over the last 18 months because there clearly isn't any. That's why they've appointed an IER to absolve their failings. Otherwise they'd just come out with a cracker of an upgrade.

That's the rub. If you can't see that then fine, but it's pretty obvious to me there is presently an operational/technical problem with the field (that may resolve itself in time but investing is a fucntion of both time AND money).

I'll happily (HAPPILY) retract these comments if in the fullness of time I am proven wrong but the evidence at the moment simply doesn't support a 'NO' vote IMO.