so whos spoken with management?, page-31

well monark, I might stand up for myself here.

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there is every reason to remain very optimistic on the overall program. some short term weakness was inevitable as there are a number of down catalysts still due. todays was driven by some misptimed (not misplaced) optimism that clearly the market was happy to play on. but how do communicate such a complex sentiment?

here is a tip. if you see a stock constantly in the top 5 on hotcopper be vary cautious and honestly explore the downside. to believe one sided upside talk is to treat yourself unkindly as a fool.

the stock is far from dead but think about the space and time between now and the next catalyst?

The K result is excellent. For a non-objective formation it is still time and money well spent investigating it. To put it in relative terms with a shale gas well this was a single small zone fracked with around 3-4% of the typical volume used for a much larger shale oil/gas well. There are a multitude of ways to solve some of the problems they might identify, which must be examined in close detail firstly. But seriously flowing oil from a shale zone is very exciting.

Consider what PFC put into the PFC/BKP put into the Georgina basin with a horizontal well and they didnt even flow oil! Talk about some spoilt brats at NWE who got a free christmas present!

Anyway, always listen to the well reasoned TA guys. There approach can help you understand the interpretation of the FA from the big buyers who really drive the sp movements!

Cheers,

SF