Ann: Jabiru Satellite Program On Track For a 2012, page-10

re: Ann: Jabiru Satellite Program On Track Fo... Lucky for you you're not a share holder then :)

I am, and not worried about it because I'm hopeful that some time around the end of June the master Satellite plan will be proven to the market (as well as others on the side watching) so there will be some life again in the SP all things being equal

As summed up on another forum it's simple, too much b dust in the past to overcome easily, so it's how you think the market will react to real "Proof" as to how you think things will pan out

AB himself said nobody believes Newsat, (i.e. him) because if the market did believe THIS PLAN the SP would be higher! AB has himself and some past lousy directors to blame for this legacy IMHO

So what comes next (from the EGM feedback) is the proof that the satellite(s) will really launch, this was promised before June 30 more than once.

According to NEWTG there will sooner than that (this week I read it) be news of contracts guessed by simple logic for example NWT are doing more business every month so will more contracts help? I don't know but they won't hurt.

The next life line should be first ever profit being good news we could expect this news as per last year 08/09 FY.

Newsat also just said it's looking like they will have 100% of Jabiru-1 (We should be saying WOW about now) it's almost beyond belief that NWT is now talking business plans in the billions so we're right back to the start....

....nobody believes it!!

But what if as I suspect it's all true :)