Ann: Pisces 8 and 9 Fracture Stimulation Complete, page-36

They been saying that for ages so do you really put any substance into Morningstar? Everyone is saying its worth more.....but to get from 13 cents to 40 cents is a fair hike. Others actually say its more.

If its worth that much, then where are the volumes? why is share price lagging? why do they have so many delays? where is the action plan? where is the progranm to get to 15,000 boe to make that happen. They had a 30% increase [as reported] in early Feb but it went backwards. Figure that one out.

At moment, talk is 5,000 from 4,500 so about 10% increase so maybe it will go back to 11/12. Volume of 1.2m today or $177k is not something to brag about. 0.2% of company value. Really? and today was a bit bigger than normal days......to be effective the volume trade should be way higher. Thats your issue. There is not a good trading base to work from. You will get a spike and then a quick return and less. If everyone here is saying its undervalued, then the volumes should be a lot higher.

Mornigstar would need to value it on an as is basis not what may or may not happen or what could be as then you are going down a slippery route or what someone may say to them it should be [as it happens to pump the price]....so it needs a major shift and the hope it will get picked up by someone in wonderland is not the hjope you want to rely on.