""(( We are selling gas at a decent price, we are making money...

""(( We are selling gas at a decent price, we are making money which we can either pay down debit or put towards exploration. market expectations is that there will still be gas shortages in the coming years, so we are not drilling or exploring now)""

Is the gas sold at a decent price.??

Did you have a good look at the quarterly.?

Did you see as to where most of the money came from.??

And what about the take or pay.??

Will these people eventually claim their rights to start collecting gas they already paid for, and if so will that interfere with future income.??

Will these people with the take or pay decide a some stage or another to call it quits and go and get gas somewhere else at a cheaper price.?? Who knows not me but don't forget that IPL (Incitec) has gone elsewhere to sources it's gas for the next 2 or more years.
Why didn't they source it from us when we have so much gas available.??

Have McBank being really so generous with us.??

Oh so many questions which seems people aren't willing to think about it.

Gas shortages you say....well it appears to me that some majors are giving the gas away, and many are even paying people to take the oil away too as they have no storage to store it away for future needs.

In the meantime we are still hovering around the 1.7 cents in the old scale where many old shareholders are bleeding badly.

Good luck.