watching closely, page-3

quote:- trickyd " whn will have been conservative aswell imo,so prob allready factored in,so hopefully nsai exceeds our expectations."



Ding ding - winner.

Our management are playing the game well.

"Under promise and over deliver" is hopefully framed somewhere in the boardroom.

As we know NSAI will be asessing additional leads not contained in our own internal analysis so if they become prospects as well...

Then just look at late last week with the announcement of the new block off the coast of WA.

Shell have been parked out there 5+ years and are ready to drill. Picking up the little block next door shows the maturity of the Management team in seizing an opportunity and keeping mum until the fat lady has sung.

Steve said in a recent announcement that we would be investigationg Aust Gazetal opportunities. The reality was at that time we had already put in for the block (May 2011) and the deal was virtually signed and sealed at the time he said we "were looking".

I like that.


Cheers BF