Yeah thats bad news guys. Not looking good for this company. I was bagged big time when I got out at .45c back in Sept. I took a loss then, and have watched it slide since. I don`t believe Cruikshank is the sort of man to be running an oil/gas company (former broker). Everything seemed to rely on one well. With the others producing water I bailed. I don`t always get it right. I`m sitting on a hefty loss on another Perth Gas play in the States. But they are producing........
So where to with this one now? I bet their financier is not happy after being issued script in exchange for working capital!
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