back of envelope projections for value, page-7

Very difficult to get a balanced view from someone who has lost money on a stock, especially when that person just so happens to be one of the #1 believers in the early days.

You made your point on a number of occasions Neil and it's time to move on. At the end of the day, your valiant efforts to discredit the directors will be in vain, since I believe that the drilling of PB #2 as a standalone project will vindicate the directors for what happened to PB #1.

At worse, the directors should be blamed for being too naive, however there is clear evidence that they have learnt from their mistakes in the past and it would be un-Australia not to afford them a second chance!!!