Ann: Appendix 4C - quarterly, page-21

There are only 633 million shares on issue. If our expectations of returning to $1.5 million profit then our Price:Earnings Ratio estimates are as follows-
Share price of 1 cent : PER of 4
Share price of 2 cents : PER of 8
Share price of 3 cents : PER of 12
Now couple this with are cash surplus, our EUR shareholding and the price of oil rising and the upside is undeniable.

80% of our share registry is in safe and long term hands. These shares are just about to become hen's teeth. The burgeoning buy pipe is a meaningful indicator.

Ragingboom says: Investors have every reason to continue buying at market