Current SP, page-13

G'day Al,

It would seem you missed what many onlookers/shareholders might have taken as promise of positive results, but thats okay.

Is there anything about "Unlocking shareholder value", or "Our objective is to become the Operator of choice in the Perth basin", that doesn't promise exactly that?

Tell me it was just a little hype speak for something less optimistic like, "We will play it by ear for a while to see if we get lucky?"' Then I would probably believe you given where we are now.

I have already indicated that the believability index for what the the current establishment promises is close to zero, which is probably able to be shown on Falcon's graphs over the share price decline. The correlation might be as underwhelming as the current progress seems to show.

I will be the first to swallow my words if the news we are waiting on from RGN is positive, that will be a very welcome change. A little bit of positive news is all we are asking for.