Announcement

cottee stated on the Announcement

'Now that the Company is appropriately capitalised with 4 promising brownfield appraisal wells to be drilled in the next 6 to 9 months with transportation costs experiencing down ward pressure, strong institutional support and a tight domestic gas market, our future has never looked brighter. Let the rocks speak.”

With what was said how could the company every accept another SoA unless it was at a multiples of current SP
so the predictions by some here that 15 cent takeover are gross stupidity
the statement strong institutional support, numerous other institutions have shares do you think they will just give them to Macquarie
Macquarie have 7 percent to reach 90 percent on a takeover will need an aggressive approach thus I cant see anything under 1 dollar as a takeover
offcourse there are sellers but is Macquarie buying or savvy investors