timber

A little while ago i suggested that reserves should be downgraded due to whether or not reserves were still economical....interesting to see that they used $4mcf to do reserves when the current price received is around $2.40 and from there report they have basically stated that at current prices nothing is economical to develop.....call in the receivers they are going to struggle to get enough to pay the loan out....20c today??????........try and gloss that one up Lautrec...this is in a whole world of hurt!!!!!!!