market psychology

we all know that JH is all to savvy with ASX rules and will not be presenting any new undisclosed information at this presentation that has not previously been disclosed to the ASX-as a seriosu breach would be imminent

this presentation will not be giving us a huge spike in shareprice due to any new announcements but market psychology over the past 18 months has shown that there are no rules- true JH has presented many presentations in the past and many may ask the question as to why would many expect increased volumes on the back of this one. lets look at the bigger picture.

our last presentation to the best of my knowledge was on 09/06/2009 (MD Presentation for GM 8 June 2009). Since then , there has been many developments which have us in a much more stronger position.

1. an aggressive drilling program is only days or weeks away.
2. EIR JV partner announced to market
3. Oversubsribed capital raising completed with $36 million in the bank and healthy bond facility in place.
4. LNG deals being struck in Australia from international powerweights and continual surges in CSG plays.
5. Not to mention a recovery on global markets-especially greater appetite for speculative stocks.

This time round since our last presentation, we have a lot more favourable factors that might just make the people with deep pockets take notice of our extremly attractive tenements in oily NT and put there money where there risk is- just my opinion but even without new announcements, this time round this presentation should put us back on the radars of the majors-

ctpo- intraday low of 6.3c, then shot up to 7.3c- coincidence??