general thoughts..., page-9

Firstly many thanks Sav-J for that outstanding post.

Redrun I do agree with you that management have played a part in this. However, remember BG inherited PXA through its QGC acquisition. BG has dragged its feet from the start, and under the JV agreement CTP has had no grounds to boot PXA. I've always wondered what could have been IF QGC was not bought out by BG, and how quickly things may have progressed through 2009 with QGC as a keen JV partner, considering they bought PXA for $18mill.

If JH puts forth an aggressive plan for O2/Magee/johnstone in the coming 3 months, I will happily support this rights issue. After all this is what all us shareholders have been waiting for.

Soredawg