that's right! That somebody is me.
Like most Members of the Company we purchased options immediately after the Company made an announcement on the 7 December 2009 that significant oil shows were recorded during drilling and the Company was confirmed as a future oil producer!
On the 17 December 2009 the Company had completed a placement to fast track future oil developments in the Cooper Basin and on the 23 December 2009 Cooper Basin was flooded.........
Then on the 16 February 2010 it was announced that there was a potential 17.44 million barrels of oil.
The Cooper Basin has been hit by at least two Natural Disasters since and has transformed the site into a series of lakes.
Shares have dropped to $.001 and options are untradable as there are no buyers.
We are asking the Members of the Company to support us because until the Company makes an announcement that it will commence and complete drilling operations our shares will suffer!
Ciao
Nadia
Ann: Clarification Regarding Option Waiver , page-9
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