Sorry doogsie, but I'm with Medelm on this one. As much as it...

Sorry doogsie, but I'm with Medelm on this one. As much as it has been frustrating to watch the share price drop over the past few months, only so much of this can be blamed on management. Perhaps they could have given us a better idea of timelines? Perhaps they could have not been as 'bullish' in their gas show announcements? What I do know is that they would not go out of their way to deliberately trick the market. They are in this as much as we are. Some of them have decent holdings in the company and don't want to see this one go under. They will be pulling the strings left right and centre in order to get D&L2 into the best producing well that it can be. As for how much it flows, well that is left up to the geology of the ground.

I believe they have a big incentive to get the share price well and truly back into the 1cent range in the next few weeks. It will allow them to raise capital, it will get their options closer to the money, and it will lift the sentiment in the stock from it's recent all time lows.

As a lingering thought, let me ask this question to anyone that is questioning the motives of the management.

If you had thousands of dollars invested in a company, what point is there in encouraging the stock to be pumped and dumped? Management can't sell around the times of price sensitive news, so they can't cash in on any pump that the stock might have. It's pointless to ramp the share price through an announcement purely for one's own needs, because they as directors can't cash in on the rise.

Conclusively, having had a think about it, I feel there is no malice in yesterday's announcement, and furthermore, I feel they want this company to be successful just as much as (if not more than) the retail shareholders. They are in this one as much as we are.