Ann: Quarterly Activities Report, page-22

As I wrote a few months ago, HLX's management need to find a way to better mobilise its excellent assets. Progress is simply too slow and shareholders are getting mighty impatient. I consider myself very patient however having held HLX for around 5-7 years (since the days they were drilling Cobar gold project), I too am becoming increasingly frustrated. I understand that funds are the constraining factor, but as I wrote previously it's up to management to find a way - failure is simply not an option. Sell assets, JV assets, merge with TLM or another cashed up player, but do something to make things happen before we are all in retirement villages or pushing up daisies!!