gas discovery booked 3p reserves of 114 pj , page-105

Happydayz,

ROG have been on my watch for years now and am still happy to say I hold. Made some good $$ when they were, as you say, a lot higher and still good money to be made if you play the ebb and flow.

Given the so called "quality" of persons in management, one would think that when announcements were made they would take into consideration the current state of the CSG sector in NSW. ROG/RG has projected timelines and made statements which were simply a wish list without consideration of the "current state". Therefore, giving the impression of a badly run company that is unable to carry out its intensions. Why make a statement knowing it is likely to fail........deceit.

Yes there is bucket loads of potential for ROG in the CMB which is why I still hold. If I had based my investment on anything other than the location and my research of the basin, I would have been long gone.

No crying here, more frustration that we are easily six months + behind what was projected.

IMO the company did the right thing in consolidating their tenements to focus on proving up value adding assets.

Time we have, however cash is dwindling so once the approval is granted, best the future become the present.

Enjoy the rest of your weekend.

Gaspew ;)