comments please, page-11

Yes Macleod think your right, with all the debt being written off and substantial funding this is a much different proposition now than for the early investors, looks remarkably cheap.

Feel for those who got caught in the early days with GFCs, no funding etc and pumping water endlessly.

Certainly a good size asset and with NPV OF $307 million!

Was reading an old Brokers report from Feb 2011, that had then as a spec buy at 0.035c with a risked price target of 0.08c and an unrisked price of 17c, at that stage(with the debt) there was 900million odd shares on issue.

Looks compelling but waiting to see the gas flows before I get too carried away.

I like you bought then close to the bottom and thought would never see that money again.

Its a miracle that they have been able to do this.