Ann: Quarterly Activities Report & CashFlow Report, page-25

What we have here is a dysfunctional board that cannot get it's act together and score runs. I know where the trouble is coming from like most others here.

As for gas and gas contracts bla bla bla...has anyone thought as to why Macquarie are a seller big time and what is likely to happen here? It looks like they had a falling out with ctp and they do not want to be involved in a takeover or likely involved with our Company anymore including the Mereenie JV. What could that mean? We owe them ca $80,000,000 and if they obstruct drilling at Mereenie or decide to sell their interest it is not likely going to be to us as we got no spare money.
It looks to me that Macquarie gave us the boot because yet again our board did not deliver to its shareholders or Macquarie and the problems to come from this will likely surface as no drilling at Mereenie. What other reason in this world are Macquarie selling out????
I don' even think about gas contracts anymore. I see hidden problems about to blow up in our face including not raising enough money to drill 4 horizontal wells which I believe were never ever going to be drilled since it was announced to raise capital just like Surprise 2. Have we forgotten that?
What is happening on this forum is people just talking about the wrong things.
Anyhow let's see if they drill the 4 horizontal wells as it' not long away and do not be surprised of more excuses that result in it not happening as we don' have the money to drill them anyhow.