Predictions, page-123

Produced commercial gas you are saying...... Well it appears that you leave out the most important part of it all in that, that the original gas flow dropped from 13.6 mmcfpd to 12.1 mmcfpd (within a couple of days and without constant flowing allowed either), and that that flow was only tested for a huge (NOT SO HUGE) period of just 12 minutes. It was not done for 12 hours, 12 days, nor 12 weeks either...........JUST FOR TWELVE MINUTES. Is that still considered to be commercial.??

Unless I am wrong, which could very well be the case, it appears to me that even Justinmetal is starting to show some concerns about that well.

Go figure.

As such, at this stage I am very sorry to say that I don't share your enthusiasm.

You also wrote the following""I have 40c penciled in for when gas begins to flow down NGP. The business is already cash positive on existing contracts"".

Well, (although I would love to see it), it won't be long now to see if that 40 cents you predicted will become a reality although in the way we are heading I find it a little too difficult to believe. At 13.5 cents and with little support it could very well be a far fetched dream if not a little ramp.

And then there is the definition of being cash positive. Well yet again that part is of a little count and comfort to shareholders because it is all well and good to say we are cash positive when in reality we are constantly making losses. Yes $200milion of losses, and counting.

IMHO the twisting of words (And that is all they are), does not help the long term suffering shareholders. What we would be happy to see is that the company is beginning to make some real profits. Then, and only then, will we be able to start seeing/spotting land from the horizon after a long journey in stormy waters, and start counting our chickens.

Oh and one more thing before I close. I can notice that some of the big rampers jubilant at the 13.6 mmcfpd (now reduced to 12.1 mmcfpd) have gone silent. I wonder why. Is it Mission accomplished.?? You tell me.

Good luck to all and sundries.