Ann: Drilling Update Sugarloaf Shale Gas Project,, page-4

re: Ann: Drilling Update Sugarloaf Shale Gas ... Every now and again I take a look at EKA and wonder what's going on; we just seem so undervalued. Comparing to AUT (which yes, is probably overvalued, at least compared to everything else) we're heavily undervalued just based on our share of the same or similar stuff, then we have a fair bit in Pan de Azucar, and a crapload in the Brioche. I really want to see things get moving in the Brioche. It's 10 months since we got the Brioche, the wait for the first well is killing me. Hopefully taking their time means they'll do a great job when it happens.

I suppose the market doesn't tend to respond to anything until it has been proven, and without a single well in the Brioche it's not being factored into EKA's value. Seems like great potential to me.

Originally paid about 10.5c in 2010, average buy now around 20c. Holding (by my standards) a crapload.

I really think the Brioche has the potential to do some big things for us.