re: Ann: Quarterly Activities Report - 31 Dec... I did not...

re: Ann: Quarterly Activities Report - 31 Dec... I did not understand some of the descriptions in the drilling results for each of the Moreton EPC's but in general the results seemed poor to me. I know it's still early days. Thoughts?

I still have concerns about the massive share dilution that will occur with the proposed purchase of the other 50% of tambo and moreton tenements... I am confident in the board so probably shouldn't be suspicious- it's just the 'inbred' nature of it (I.e. buying out one of our directors) that has me wary.

I will feel more comfortable when/if the board explains to shareholders why this is best move- presume that will happen in the lead up to the EGM.