EP145 Presentation By Mosman, page-17

Exactly. It is clear the directors have never been interested in the share price (and by extension the retail shareholders). Their mates got in mostly at a price still below where we are today. They appear to be waiting it out. The rest of us have been through the wringer and those that have had enough and want out are exiting while others feel they might as well stick it out. We are left to wallow in our misery hoping for a ray of light that should then attract new lambs to the slaughter. Until then we can fill the void with our theories and hopes but we won’t hear from the company until they have something substantial I would think. I just hope their contingency planning improves. We were all somewhat prepared to forgive them the delays and amateurish errors for the eventual payoff. I think most were surprised to learn our bitumen was the problem after all this time.