qtrly, page-17

Looks like an on market share swap at .011

Been sitting here for a while hasn't it. Not huge volumes of course, but then again we don't have a huge amount of shares to trade as 1/2 on issue are with major holders.

Maybe CB is giving MF some of the share back he bought a while ago on market at .003 pre consolidation.

Just a wild theory to fill the void while we wait, and wait and wait.

Loved the start of the presentation with 2 mill in revenue for the quarter,

Pretty disappointed to see the cash balance at only 1.5 mill, was hoping it would be over 2 mill based on last quarterly.

Pretty much a flat result, we really need the drilling activity to ramp up to get something going here. Market doesn't seem to care about fundamentals like cash in the bank, self funded I.E

Maybe MF can go and try to secure 50 million in deft funding for a 200 well program - that kinda of stuff usually excites the market for a day...lol


Noof