re:hmmmm

Adrian here.

Had a feeling this was going to happen. Wasn't happy with how John Weston honestly explained how they where to try and get oil out of the bottom basement. Taking oil out of cracks in rocks, to the lay person would seem difficult. Means the oil in place is 30% less than expected now, which is disappointing. Even if they get some out of the bottom basement, its going to be difficult and at a slow rate. Luckily only about 15- 20% comes out of the bottom basement in neighboring fields, so at worse we have lost 20% of production. Going to get a friend of mine to explain a couple things to me, hes a geologist, maybe he can enlighten me.

With the share price receding over the last couple of weeks, all is explained now. Some people must have known. Two days after Agm doesn't sit with me. Not happy with the performance rights as well, they are in effect free money and voting rights for management. When it clearly indicated in the announcement, management have to subscribe for them at a price. They aren't even escrowed to protect shareholders.