announcement, page-8

what concerns me about company handling of this project is thats it seems to be marketed to whatever is the flavour of the month. Initially it was UCG and carbon capture, then went to producing 10,000 bpd of syn diesel when oil went through the roof a few years back, now fertiliser given prices of soft comodities and related markets going through the roof i.e. postash. While I acknowledge the marketing (they trying to flog it, all or part i imagine), technically, as a long term holder, it seems a little scattered. If we are confused on this thread, what is the market saying? Anyways just my 20c worth.

I note also Bayinas drilling now end of 2011....no mention of negotiations which were immient months ago, in their latest presentation.

The recent testing results don't phase me too much...it's the nature of the business. What still concerns me is management and their ability to delivery on their stated goals....we will see!

Cheers, vaga