four zip, page-4

Personally I think this is a good thing.

Cottee's clearly getting busy on a number of fronts :

1. LT mercury resolution, though update would be quite nice indeed. Even a 'Hi fellow owners we're estimating 'x' weeks till resolution...', not rocket science.
2. Providing a backstop for potentially disastrous cash flow issues, this lets the market and other companies its in neg with know it has options.
3. Farm outs of Crux, Echuca, LT & Yngling.
4. Roadshow in Singapore mid June - so about now they'd be there or must be close (see reference in http://www.indigopool.com/inf/_html/ecards/2010jun8/index.html)
5. If anyone thinks the other directors are going to let anyone dilute their rather large shareholdings unnecessarily they are kidding themselves. They have skin in the game and have been buying.

Just my thoughts though !

Cheers,

Mark