Institutions do take a longer term view for their investments,...

Institutions do take a longer term view for their investments, probably from 3-5 years. Management did well in raising at 20c thus lowering the rate of dilution.

Though slow to progress I hope this will compensate for wasteful spending. Though I have no objections to directors raising their pay, we hope they can justified with some results to reflect their worth.

Getting personnels and secured a rig would be difficult during cov 19 as movement in WA is pretty restrictive. As the country opens up
we hope this situation has changed.

I do believed in the project otherwise I wouldn't have increase my stakes in the company. I have been critical of Allchurch in his slowness in progressing with the drilling. I hope the reason is due mainly to the states cov19 situation rather than their efficiency.

If MAN can produce the results which they have targeted, the increase in pay would more than justified. It is this boldness in management action which I hope is their belief in the project. Sentiment does change, and I believe this will also change in the share price action as the likely situation the rigs would be out by then and buying interest commenced with new activities.