Mad Max I think we all understand your frustrations . I for one...

Mad Max I think we all understand your frustrations . I for one have observed the undercurrent of diverse emotions expressed in this forum over the last 9 months .Its been a down rampers 'romper room'mostly brought on by scarce and scant reporting from our directors coming on the back of very optomistic anns about our progress in 2007 and 2008, which I still believe sets in concrete our long term prospects in terms of being a producer /explorer//takeover.The difficulties along the way have probably swung the risk to reward ratio in the negative born out by current market perception reflected in our sp.Cash burn in energy explorers has alwys been high and it is a positive that fortis is still willing to back us .I note that they also by way of oppies and cash advances are now sharing the risk with us.The M&A climate has swung to no risk aquiring of assets like Marions/ buyers market /so this may explain in some way why; directors are now reluctant to announce to market ;anything that is not sustainable because of volatile nature of gas production in USA atm.Another scenario is that prospective buyer/s may have insisted on confidentiality with respect to current recompletion of cc wells and when the sustainable flow rates are on the table the number crunching and future projections can begin all over again/ risk assessment/. I note that ther are 30+ wells in our portfolio all of which are indicator wells of resource on various tennements which could conceivably be recommisioned when market forces/i.e cost of production and future gas prices allow / When ? Who really knows?/The new direction taken by our directors in itself; is a positive; and we can only hope the recent downturn in the gas industry has allowed us to get the experts in the field ;who were possibly lacking in the recent past.The time it's taking to derisk our company is a byproduct of the process and obviously so is the cash burn.I take heart in the fact that our directors are moving towards production and look forward to some very positive anns ,be they flow rates ,financial or possibly even sale of coy progress, This is not like selling a corner store but is a complicated energy coy for sale in the biggest market in the world with dynamics involved some of which we can only guess at , but it would appear the tide is turning for us . Good weekend to all