Mr Market none too impressed ( down 25% to .9c), despite the...

Mr Market none too impressed ( down 25% to .9c), despite the extensive and growing list of positive results. We still have too many developments and not enough focus on a commercial deliverable for a company of our size.

Like we have 3 or 4 mammoth prospects and the market looks on saying that we'll be cheaper tomorrow, so hold off and be patient.

Liquidity, via the burn rate versus our cash balance looks like only 3 months and we're coming up to having the financial guru Duffy on board for 90 days and little sign of a plan to rein in the geologist with some commercial and financial discipline. I think there is a CFO somewhere in the background as well.

I know we all have an optimism bias that things are going to get better, but it really is time to craft something that reflects reality in terms of the here and now ( economic cycle, interest rates, commodity prices and our liquidity)


Wazz