late mail - and no wonder!!, page-3

overreaction. I hold and will continue to hold.

Anyone with a brain in their head knows that SGL is going to take time, but is making steady progress towards becoming one of the biggest resource company's in Australia. They have proven resources acknowledged by the CSIRO, two gas plants up and running, with contracts for the next 120 wells stitched up with AGL, current sales to AGL and an interest free loan to bring more wells online to AGL.

Yesterdays $3 million dollar odd loss is a pee in the ocean when one considers what SGL are building. If you argue about the costs going to management and staff remember that if you pay peanuts you get monkeys.