corporate placement & share purchase plan, page-12

hey striderb,

You are right to ask questions regarding the director selling out. That was in reference to the Final directors interest notice on the 26/04/2013. Wasn’t that a founding director leaving the company? Selling out may be the wrong words here?? so call that what you will ...

And my prediction about 15 cents .. Well that is a prediction so obviously no certainty. However, it is based on the above but significantly more so on the current trend. Hover your mouse over the Chart feature in Hotcopper draw an imaginary trend line and then add two months to the chart (approx 4cm on my screen). Where you end up is roughly 15 cents. As I said in my last post I don’t think there is good news on the horizon (They would have waited for it for the credit raise) and as a result I believe the shareprice will follow its current trend. Its just my guess but I think its fair enough and quiet reasonable.

I hope this stock is pumping out 1000s of barrels of oil and sooner rather than later. I might get on board soon… but I am guessing I can wait for a better deal (I could be wrong but that’s life)

Cheers mate and good luck.