Ann: Thailand Operations Update - L44 and L33 , page-8

EL,

Some blue sky in the Aussie leases would be handy at the moment, instead of the early call on farming out these leases.

Can't see many new investors jumping in to support sp this week.

Following your lead.....'but will add, that the story is mixed/murky enough that I will not contemplate adding atm."

We are fortunate to have l20/50 drilling and additional rigs pre 31 st March to support sp.

If this successfull we stay in or move higher into asx200, no wealth destruction.

However if it fails bye bye asx 200 and wealth destruction a plenty.

If it's not currently being factored in today.


All the eggs in one basket.

Not the best management I've witnessed.

However they have displayed an ability to find oil.

Dyor Cheers EWO.