Ann: Assignment of Petroleum Block, page-4

I guess the sad part about this is how much concern and respect do these people have for the small mum and dad investor. Not one single word on how they plan to add value for shareholders. Their plan seems to be to not have any plan or at least be sure they don't tell anyone! I fully understand that people will argue that past management probably did even worse but at least they had a plan to explore for oil. No matter how flawed their plan was you knew what they were trying to achieve, their main problem was no oil and they were out of their depth playing around with the big boys. So I can not understand (or maybe I do understand) why the first job of the new management is to be rid of the only oil exploration block they have.

I just hope ASIC are keeping a close eye on things.............