qn for the great ronstieb, page-16

There has been very little interest for ELP(EXR) at LSE(London Stock) in the past weeks. Seems to be a little more happening at ASX...but generally not impressive.

Ron wrote ealier MD was to go on promotion tour to the UK.
I had expected at least increased volumes.
I trust it is the general investor market seeking more "secure" investment targets, hence many go cash, bonds or Gold these days....and if/when they return to shares again, hopefully ELP can attract their attention.

In such marketconditions ELP needs to promote Leopard news to keep pace in the oil-share race. HI and Pompano news seems not enough to put ELP in focus, even results so far are better than expected.

The most important task for management is to get Leopard drilled by Q3(or Q4 at the latest) and the news out. Nomatter how they do it I dare say. Management have more options today, but if they postpone Leopard due lack of farminee I fear many investors will loose faith in the management.
When Elixir drilled Jaguar they took out all cash to finance drill. So why not now? Contrary to Jaguar times, Elixir are now even producing and have cashflow to work with....and more in the years to come.