todays trade totalled $73.50, page-29

Good morning Cujo (or it is where i am),

Just re-read the investor presentation in may and still believe you're being overly pessimistic, and can't understand why.

2013 1Q revenue was $2.8m, up from $2.3m in 2012 4Q and compared with $6.6m through all of 2012..

This to me as a shareholder reads as strong revenue growth.

Moreover, with cash at $8.4m and AOK reporting that operating cash flow is contributing to capex, plus the strong development program, suggests to me they're in or near that sweet spot.

Were they to hook a favorable debt faciility, development could accelerate sharply, and as they say they're way below full field development at snake.

There's no question SP lackluster. I atribute this to macro factors, which are subject to change without notice.

Yes, by all means, bring on the quarterly, but for mine, and i've only been in 2 months, everything looks AOK.