Ann: Non Renounceable Rights Issue Update , page-4

Not completely stupid Lizardleg

It wasn't a bad punt ahead of Wisteria, P-11 and P-12 but one should have been reducing as each well was drilled plus getting hit by the mother of all bear markets didn't help

The cash problem was becoming evident as early as Sept qtr rpt in 2008

I took a hit as well and should have reduced more vigorously than I did, wrongly thinking that P-12 was an almost sure thing

Main thing now is we admit our own mistakes, which you've done.