Two weeks, page-2

Well I know what will be in the announcement, exactly the same stuff as every announcement over the last 4 yrs. Huge acreage, plenty of excitement around potential north, farmin talks progressing well, great safety record and management have saved a few $ on our contractors. 3 company game changing wells to drill in Q3. Q4 2017 and Q1,2,3 in 2018. Only if we can get some money. But trust us we have a plan, a bloody good one, that good we cannot tell anyone about it.

Plus RGN duster PA as would cost way too much to deal with water.
GGW no action
RG reserves depleting and gas/oil under contract has fallen significantly. Hence the lower cash income due to reduced sales.
Cash is poor and we have huge debt and no way to repay.
However MIN tell us they are really supportive so we will be fine.

The board would like to thank holders for their patience and understanding in this difficult time of oil prices, however is really, really focused on looking after holders investment to the point we will not take any calls from holders as their is too much excitement going on here and with all our meetings sadly cannot communicate with you as we don't have any time to do it.

But trust us we have your backs. We unfortunately will have to do cap raise because we have to secure numbers as we face a second strike and potential board spill so we with do 15% plus another 5-10% just to make sure the Soph's vote for us. Also we are running short on cash and we have to maintain our huge admin costs which are increasing so we can continue with our 5 yr plan of producer of choice in Perth Basin. LOL.

Someone please tell me I am wrong. How on earth can any LTH actually honestly believe anything positive will come of it.