Ann: Trading Halt, page-146

The announcements we are waiting for are basically a different type of announcement than previous ones because all the previous ones have been about exploration and getting to a stage where the gas flows warrant sales and will impact the reserves numbers.  The ann's have been linked to and related to exploration.

The ann's we are now looking for or waiting on are related to pipeline infrastructure, reserves upgrades, actual slaes and a possible farm-out for future development, which means they are linked to cashflows and asset upgrades and these type announcements if positive can be company makers.  So this news is fundamentally different if it turns out positive in comparison to the previous few years.  Also a decently constructed farm-out would minimize any future CR's for development, speed up the development process and quite possibly eliminate the capper who's been hanging around here for a while because of the lower chance of any more low-priced CR's, lets hope all goes well and the cappers have had their fill.

I'm going to be doing some bottom fishing during this sell-off to top up my holdings.

Best Wishes
Fish