Ann: Ceasing to be a substantial holder, page-7

Elliot,

Wouldnt be too concerned, these guys running the business don’t tip money in, to loose.

I’m starting to get understanding of SN strategy when they took over UIL , adjacent ground to Waitsia tongive them some running room.

I found an article regarding there tennement in ocean hill, when I locate I’ll post it.

The Warrego founders are very confident about West Eregulla and it was funding due the drop oil price that stopped this ground being developed by the farminoartner who then pulled out Three well were drilled and founds oil.

I had friend who works within the Cooper basin look at Jaws , he felt the project looked promising but not yet commercial, that was prior to the gas burst and shutdown.

At the end of the day we may be successful in finding gas at both projects , does not necessarily mean shareprice will climb, look at CE1 .

It’s supply and demand if someone want it they will pay , It appears more companies want to export the gas , which in effect created a shortfall here in Australia. Supply V Demand,

Unfortunately or fortunately its the few shareholders of these companies make money, maybe me being one of them,

But really Australia loses as we sell all for money and creating a nation of poverty , with no jobs cause far too expensive to run a business or a household to heat your home.