Ann: Significant Gas Flows Achieved From Korhaan Well 3, page-14

What an absolute gift at these prices. Based on the last two days trading volume, it is clear that someone wanted to divest at all costs and was willing to sell at a steep discount to true value in my opinion. Couldn’t resist and picked up a few more parcels over the course of the last two days. The average traded volume on commsec alone exceeded its daily average by 1710%, unbelievable! Average cost base now 6 cents but will continue to add if holders want to give away their assets for a fraction of what they are worth. It is amazing what fear does to people, we only just raised money too so we don’t have a looming capital raise, people must have forgot we raised 3.1 million dollars at 7.5 cents. It will be interesting to see where we are in July after June tax loss selling and the market stabilises. Cheers, CP.