management should be proud , page-34

Hellyeah: "or is the cooper going to flood again?"

SP illogical longer than most solvent.

What does a company have to do?

Yes BMG below par, Cooper below par but:
Net Profit guidance still for AUD30-40M
2P reserves 66MBOE or less than AUD10 per BOE
NTA at ~AUD130cps
A dividend regularly paid
Another AUD40M coming for CBM asset sold
6 out of 6 successes with the drill bit last quarter
No debt stacks of cash and growing

So what is going on that most of us don?t know ? yes I know some of you consider the Beach SP a perennial under-performer but really it is worth more today than a couple of years ago when it capitalisation was three times what it is today.

About as illogical as the aussie $ going down because most Australians tried to throw out the ALP.

And I received this today from a tourism operator:
Lake Eyre Update.
The wildflowers are in bloom across the deserts all the way to Lake Eyre. The huge lake is still holding a massive amount of water and we have some places available for our special 2-day flight tours from Echuca to Birdsville and Lake Eyre. We have rooms booked in Birdsville during September and October and if you need any more information on this once in a life time chance to see Lake Eyre in flood contact us-

[email protected] or phone 03. 5852 2736
STOP PRESS.
Following widespread heavy rainfall across most of the basin recently, it is expected that Lake Eyre will continue to fill and perhaps become the biggest flood in recorded history. We urge you to book early to see something quite spectacular. The beetch???