progress report, page-2

Macka, I have a holding in SXP on the basis of the potential CSG. At a loss at the moment though. Im in MPO and a few other CSG companies.

What i have found is that without certified 2P reserves, any CSG that SXP has will be valued at nil. Not being negative just realistic. Next thing is to negoiate some contracts. My understanding is that a pipeline would need to be built to move the gas to Adeliable. please correct me if I am wrong

personally SXP is a year or so behind MPO, ESG, BUL who are a year or two behind AOE and QGC.

As to the Linc stuff this could be a real hit, but again reserve certification and contract required before any value reflected in the share price.

SXP is a speculative stock with a high reward to risk ratio.