directors keep buying....., page-11

Okay, so the Directors keep buying at present prices of .57-.60, all very good. These same directors are receiving stock options that are able to be exercised after the stock is above .20.

While I agree that this stock will have good upside potential in a few months (or even weeks), Directors are ahead regardless at present prices, and can afford to show some support for the languishing price.

I am one of the weaker ones who traded out a while ago.

Their 9.8million cubic feet (when it starts) is only worth a little more than $4 mill this financial year, and their cash burn rate has taken them through $15m in a little over six months. This indicates that cost per hole is pretty high, or Director rewards and other operating costs are substantial. I'd just like to see them produce some revenue.