New Managing Director, page-2

Hi Viabert, I agree that HLX management needs to lift it's game - as a long term supporter I am tired of the glacial progress that has been made with the drilling in NSW. As I have written a number of times, HLX needs to find a way to mobilize its very good exploration assets before we all die of old age.

Against my better judgement I bought back in today after selling out most of my holding about 6 months ago in frustration. The reason being that HLX has good assets and it would not surprise me if the up coming drill results are positive....it's just that the pace of drilling is so slow - a few holes per annum.

C'mon HLX management, keep moving after this drill program, raise more funds, drill more, raise more funds, drill more...

Don't go back to battening down the hatches, not raising because you want to avoid dilution scenario - this served us well for a long time however at the end of the day if you have no funds you can't drill and then you become moribund.....