In the absence of favourable announcements (although Dec qtr...

In the absence of favourable announcements (although Dec qtr production results were good) Share price has been drifting sideways/lower.
However, the weekly chart may be consolidating at around $.09.
I would like some explanation re Director appointed Nov, resigns Jan, but we will probably never get one! Let's just hope that if it was conflict at Board level then it may be whats required to get things moving.
The next major announcement is likely to be the 2010 drilling program schedule. This should arrest the fall in the Share price. I would expect this announcement soon.
Company changing announcements are also a possibility incl. the fraccing project and the SSUGS project.
To our newcomer, yes the value is there, but it may take a couple of years to be reflected in the Share price.