sellers increasing.downward pressure on sp ?, page-16

Hi Bellcurve,

I was fascinated by this statement,
"My reading of the company's trajectory is that it aint quite there yet, but likely will be within a year of by end 2014."

I'm certainly not having a go or criticising you, but could you elaborate a bit on this statement and what aspects you feel dictate a higher trajectory.

I am of the opinion that once we are producing 1000 bpd it would be significant and draw some attention and also with the current drilling program in place, 2,000 bpd will be extremely positive and should see the sp well north of here. I see this happening before year end 2014.
Any purchase of quality acreage even if by cap- raising could also be significant.
Just interested in your thoughts, thats all.

Cheers.