frustrating stock..., page-23

Granger,

Not convincing. Sounds a bit like Simon Potter's (HDR), "the molecules are still there" and indeed they are, and unfortunately likely to stay that way.

Flow rate does matter, and my concern is that if they cannot understand/predict the water cut issues, who is to say that in twelve months were are not faced with 200 bopd from the 4 wells, rather than the 1000 we are supposed to get, or the 500 we've apparently been getting.

The coy need to come clean, or the credibility issue just gets worse.

Mr market not accepting any doubt wrt asx oilers atm, and given the atrocious record of the junior/midcap pack why should he?

EL