Hi superspazz

I, like many of us out there, share your feelings.

I look with disbelief every day at the sp, still hovering arounf 16-17c, and scratch my head, uncomprehendingly. What the *#@K is going on?

Today, my folgf dropped another 4.28% to US0.148c.

How can this be?

The Bakken (that the industry talk about in revered tones) has an estimated 4 BBO's (Recoverable) with 47 Operators in the region, the Beetaloo has 21 BBO's (Recoverable) with just one Operator! The Falcon Team.

The Barnett Shale has 43TCF gas (Recoverable) with 16 Operators, while the Beetaloo has 161 TCF gas (Recoverable). With just the one same Team!

And the there is the Karoo ...

It really is one of life's Great Mysteries.

To which I have absolutely no answer.

Anyone?