Ann: AusTex Oil Announces $3.2m Placement to Inve, page-16

re: Ann: AusTex Oil Announces $3.2m Placement... Malay,

I understand your position and I am not judging Mr H. The point I was making is that he is a majot shareholder and cant afford to see this fail. I hope it does not because I am also a big believer in the Missi play and have interests in RFE also. I know his credentials - they are not under question. What I am worried about are the speculation that major money was coming for AOK in this CR and that it did not eventuate.

Anyway, enough said and lets get on with it. I will be put in my box when they get their Lee Keeling reserve estimate out to the market.

C