re: consolidation positive, page-4

re: consolidation positive WARNING TO ALL S/HOLDERS who think they have a bargain between .005-.007.
After the consolidation goes through you will realise shortly after that it is not.The SP is deliberately IMO being kept down at .005-006 to avoid and slow down its retreat after it re_enters the market. At .006 it will have a value of .09 and at .005 > .075. IMO you will see the price drop to .05 very quickly plus you will see further dilution when they seek more money.
After the recent profit announcement the SP has dropped and with no follow up report or news activity is very quiet. This is proof of the directors IMO of not wanting to see any possible SP increase. S/holders who will end up with a very small holding will finally quit and take any price.
With this companies proven track record of incompetance and failure over many years of not delivering on its investments we have very little hope of recovering our loss`s.
IMO if the company was genuine and acting in the best interests oh S/holders they should be making some very positive announcements this week. After all how many active wells do they have at the moment and weren`t they doing some work on those wells to improve production. If you look at the many Australian companies over there doing exactly the same thing and making regular updates I ask the question why aren`t we.
IMO this company is not genuine and are reckless and unfit
to be in control and they dont have the oil they claim to have. If my opinion is wrong the market does not show it.

S/holders should seriously take a long hard look at the reconstruction of this company and think about are they prepared to see a further drop of SP and if not vote against
the motion and give notice for them to get real. Don`t you think they have had plenty of chances to do that. We can always reconstruct at another time when the positive news is
being announced and we have proven to the market we are the real thing. Perhaps at the AGM would be a more appropriate time. The proof would be on the table then.
Again if this companies assets are so good why are they being over looked. IMO we should be voting to kick management out. If we had genuine skilled oil directors and the assets are what they say they are the SP would certainly
be a lot higher.