Been watching the depth on this stock for some time and firmly...

Been watching the depth on this stock for some time and firmly believe it has been driven down and is being held down for accumulation.


This morning is no different, in the last 5 minutes we saw 3 sellers at 11.5cents, each of those sellers 2 at 40,000 and 1 at 100,000 were each withdrawn over two minutes and now we have abold 850,000 sell at 11.5cents.

What I need to understand better here is with the Katharine 1 well being spudded on the 22/8/2011 , an update some 5 weeks later indicating oil shows, and then we have todays AGM presentation suggesting an oil discovery , and wait for it , with results early December. Some 10 weeks now since spudding this well and shareholders still in the dark !!!!

IMO shareholders should be demanding a better market reporting from the directors of this Company who need to be aware of their responsilities to all shareholders and to keep the market fully informed at all times.