This was the official line from coal seam gas exploration and mining company Metgasco Limited on the first trading day after the Coalition won federal government in Australia.
Instead we had a defensive nothing announcement that a mate described as a "pretty depressing letter".
To essentially say that there might be something outside of Queensland next year, and that they'll get back to us about NSW in at least a year is absolute tripe.
For those in the company who monitored these threads from time to time to now expect us to write something positive...for the bloody sake of it, after we have been treated so very badly is beyond comprehension.
But we should not be surprised. For some time now the manner of making decisions, and the reactive behaviour to what a proactive management might have handled better...not to forget the questionable recruitment of another board member, when METGASCO is essentially flying in a holding pattern is also frankly beyond comprehension.
It doesn't matter where you've come from, or what your credentials are; if you cannot translate those supposed skills and attributes into meaningful progress satisfactory to the majority of your shareholders then you need to go find a mirror and take a good, hard look into it.
Nonetheless the negligible impact the CSG issue had on the election result will be a plus for us suffering holders.
Perhaps when Metgasco's share price reaches a dollar may be the time to consider a Sydney presence, perhaps a small office in Botany or Matraville perhaps.
But at present it is a small struggling exploratory company that needs to conserve its funds in every way possible, and it cannot afford the indulgence of a Sydney presence.
All business should and must be carried out of Casino. The managers of the Meatworks live in Casino, the managers of the Richmond Dairy live in Casino, the managers of the Richmond Valley Council live in casino, so is it too much to ask the managers of Metgasco why they don't live and work in Casino?
The family has always only read the bottom line in the Profit and Loss Accounting Reports and is ill impressed by statements that a Sydney office is beneficial.
Expensive yes, but beneficial?? Beneficial for what, beneficial for whom???
Meanwhile the opinion of many communities across NSW and in the Northern Rivers remains the same.
Update:
On the evening of 11 September 2013 The Sydney Morning Herald reported that; The Australian share market has hit a five-year closing high, as a stream of positive Chinese and local economic data lifts investor spirits. However, Metgasco's share price fell again by -1.59%.
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