Ann: West Erregulla Update, page-21

The Market is efficient ! or the Market is often wrong !

What never fails is human greed !

and we are seeing on the market recently basically no action.

Those that know or think or want Jaws to be progressing certainly are not voting with greed as their motivation.

Normally in the lead up to a potential announcement assuming it will be positive you will see buyers snapping up the uninformed sellers.

Current market action looks weak, basic little games being played on tiny volume, albeit last weak a few buyers bought up to a recent high of 9c

Its nice to dream about 40c or whatever numbers were discussed above in other posts but reality shines .... we can't even get back to 10c ATM.

There is a definite lack of confidence in Jaws .... in the Market price and Market action.

Is that because of an uninformed market .... or an informed one?

Couldn't say .... but what i can say is ....If a good Jaws Ann was likely next weak as some suggest, you'd see that in Market action this week , and so far it has not presented as that.

Dreams can become nightmares too. !!!

How can Jaws and the SCBGP ever be monetised IF gas rates remain poor. Are they still poor ? The Market seems to think so !!!

I am not happy about it at all , however it seems to be the reality of the situation IMO.