News: ATS Australis Oil & Gas Seeking Commitments From Investors To Raise Up To A$30.5 Mln, page-25

IMO The market has over reacted selling first and asking questions later. I am very happy to hold my significant position and am confident with the investment.The problem with the Williams well happened at the end when they were withdrawing. It effectively was not a drilling penetration issue which would have been more concerning for future drills.The decision to pull out on the Williams hole was to de-risk and preserve capital very wise. Similar events happened at Aurora's Eagle Ford venture. They are still on budget and on time. Watch the management use all their vast expertise to counteract these issues.