CR Opinion, page-26

Well why not take a leaf out of the Directors book and instead of whinging, buy on market if you think they think the deal is so good, it's currently below the issue price. The risk is the same for all of us, the Directors have no better idea of the chances of drilling success than we do, 3 D can't tell you the permeability or the porosity of the formation but with a well already drilled in Bass straight it does provide something to work off there but thats obvious to anyone who has even a basic grasp of the industry, you don't need to be an insider to know that.

If you don't want to be mushroom then emerge from the dark and do some research on what you are invested in , the risks involved , the likelyhood of success , the time to production and the costs involved if successfull. Then either grab some at below the issue price or take up the offer, otherwise sell or hold on and grizzle about how the poor little investor is kept in the dark. If your not prepared to lose all your money you shouldn't be in a spec oil explorer anyway.

Cheers Whisky