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Piperpeter - Thu, 30 Dec 04 :

Operations - Strategy.

In the second year of operation the group will seek to develop its larger reserves in southern Australia where the directors believe there to be substantial exploration potential.

The board considers there to be potential in terms of acquiring additional reserves in Australia as well as potential benefits to the group from increases in domestic gas prices anticipated following market deregulation in Australia.

In the third year of operation the company will seek to capitalise on its expertise by targeting large reserves with substantial exploration potential particularly in Australia, Africa and South East Asia in accordance with the groups acquisision criteria.

Krutt - Re 1022, Is it really "a pity to lose good posters"?

Most I've read have been negative!

YOU decide.

Pp.


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