slowly creeeeeping up, page-5

re: slowly creeeeeping up..pman Hi John

I've been across the MPO crowd for about a year and keeeeep buying - havent sold any yet, using spare cash as I get it to take up more as they are undervalued . . IF they actually announce Mungi 2 or gladstone 1 . . .

BUT i Keep sticking it to the directors as they have made a LONG list of promises around key dates and not lived up to them . . in fact they are overdue the following.


- Confirming and Commencing the Stage 2 Mungi Drilling Program
- -Updated reserve report for Mungi
- Analysis of Glouchester field production results
>Apply for production lease over harcourt

Annoying - the base value for them at the moment is around 5.2/5.8 ish and should go up to around 6.5 if they live up to expectation, and if all goes well about 11-13 . . but it depends on how they go announcing Mungi and Glouchester . . Mungi 2 has been in the planning since december last year

hippies