Ann: Results of AGM, page-15

Quite frankly based on bitter experience I am sick listening to all the nearology talk. Not worth a squirt of weasels' piss until we get some seismic data across the permits which we can't afford to pay for as the cash burn is all about admin and corporate costs and on-going dilution paying fees in shares. There will be a CR before the cash runs out end of fin year. With all my profits in Bow wiped out I continue to be oppressed with a strong sense of the wickedness of the world. The fraccing issues don't look like they are going away any time soon either. Not company's fault of course. But some of us mugs paid (in the float) far too much in refunding the directors for their [claimed] initial start up costs. And all we will end up with is a few shitty shares in Beach once we hand the keys over to whoever acquires the permits. I am talking to the Directors with this post.