Everyone has figured out that all that can be said has probably...

Everyone has figured out that all that can be said has probably been said. The numbers on Galoc alone say it is worth twice this much - but that is the only asset at present that has a firm commitment announced to the market. It needs another farmin on another asset confirmed - doesn't matter if the drilling for that is in 2008, just needs one more in the bag and unfortunately it isn't there yet so it seems.

You never know though what is really going on. They didn't seem to have too much trouble getting big investors on board with 127 million shares and 'oversubscribed' at 15 cents and were quite quick to call the trading halt when it looked like the share price was going to run up again! If the demand was really say 150 - 200 million shares - leaving a shortfall of 23 - 73 million then maybe let the shortfall be taken up by woodducks selling rather than issueing the shortfall and further dilution? To make that happen then lets not close any deals this side of xmas and go on holidays? Maybe have a claytons announcement even to confirm it?

Then again, maybe there is just nothing to say and this is it for a few months?