It seems a bit strange to make an announcement yesterday that is basically going to have a negative afftect on holders and confidence and then to make another annoucement the next day saying there is hope yet - my simple question is why ? I really now don't feel informed at all and I do think the ASX should look into this practice since the language being used is effectively technical mumbo jumbo (perhaps on purpose) so that one cannot really evaluate the risk meaningfully. I think they need to be clear about their strategy going forward and have a clear plan that says what will happen based on alternative events god or bad. Is there commercialisable gas ? Why did they do PB2 only now to go back to the beginning with PB1 - why didn't they just focus on PB1 in the first place. They are eratic and all over the shop and this is a management problem. What are they wasting time doing this at all.
All of the statements made in the announcement seem to be focussed on positive outcomes ahead with no assessment at all on the likelyhood of it happening. I now know why everyone is tired and frustrated with this company.
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