just dont get it, page-5

It is silly because

1. oil and gas prices are high. No downturn like iron ore and copper.
2. Aussie dollar has depreciated down to about 90c from $1.10 which means sales overseas are more profitable as sales are in USD
3. Bru and Obl will be doing drilling programs which will push up share prices
4. Heritage issues sorted with native title. Quicken process.
5. Funding sorted
6. Farmout to supermajor and Backreef block as well.
7. Government pipeline and support goes through derby block
8. Vunerable for a takeover at a 11 million market cap