Ann: US Shale Acquisition and A$100 Million Placement, page-5

Improved oil price will naturally just give it lift .


They have a number of good, very big assets that have huge upside ... the beauty being here is they have been purchased at a very cheap rate in a very depressed market.

The board has planned this from the beginning with their counter cyclical model which has been a genius stroke of buying in when prices are down and companies are holding distressed assets ... its seems so obvious & simplistic but I reckon that's master stroke.

Long term with success which I am very confident this will be another AUT (Aurora) ... if things progress well this stock could get to $2 -$4 in the next 3 years.

I am a long term holder as I was with AUT.