Member Info for Poods

All-
As I read this morning's interesting comments about the negative aspects of the FOG / POQ saga, I cannot help but scratch my head. For years now my comments have seemingly fallen on deaf ears. Shareholders have a responsibility and can do such with their votes each year. Why have my fellow shareholders been reluctant to use the single most powerful tool to correct inequities. If anyone is friendly with any of our outside directors, there perhaps could be a constructive conversation started? POODS

Camelot1_
Feel free to send it to forward my comment to Conrad. Unfortunately, the my emails do not get responded to from either Ann or POQ, and I do not have emails address for others. I did mention quite some time ago I either spoke or emailed a board member named George? which was a waste of time. POQ apparently has quite the fan club on the board. Additionally, I tried to get to the Renova group through an intermediary and silence was the response. POODS

Camelot-
Appreciate your support, but would differ slightly as regards management. POQ is OVERPAID and board should address this. Ann's function could be handled by a service, but am not sure that is as necessary as cutting POQ's compensation in half or more and not granting any more options to him. I wish I had a better handle on the board, but simply do not. But, thanks for your support in moving the conservation toward my goal. And fellow shareholders, please keep these thoughts in mind when the next AGM takes place. POODS

I wrote this earlier this week which I think speaks to your question regarding why POQ did the transaction he did. Bottom line is he traded our position down for a whole lot less than if he tried to raise $$ from an underwriting. He understands he has lost too much credibility (the underwriting community simply said "no way") to go make a fool of himself. The Beetaloo find appears real, and if POQ stops shooting himself in the foot, Iwe hopefully will be okay. That said, I still wonder why the board seems to be so quiet?

My comment earlier this week follows:
"I do appreciate the feedback statements with regards my observation this morning. The reality is POQ could have listened to the proposal on the phone if he did not. The reason is the Origin deal is the best affirmation we have of the perceived value and for POQ to try to go on a roadshow to sell another round of shares and express what he thinks versus what we got, would in my opinion resulted in 2-3x the dilution we received in Origin's fair deal. Let's hope we can see the results in our lifetime or certainly for a certain salary necessitates additional dilution. Where is our board"?

POODS

FOG certainly is about patience. Also, do not buy your position all at once, as very rarely do not get additional chances to add; in this case ad nauseum!

POODS

POODS

Origin789 etal-

I do appreciate the feedbacks statements with regards to my observation this morning. The reality is POQ could have listened to the proposal on the phone if he did not. The reason is the Origin deal is the best affirmation we have of the perceived value and for POQ to try to go on a roadshow to sell another round of shares and express what he thinks versus what we got, would in my opinion resulted in 2-3x the dilution we received in Origin's fair deal. Let's hope we can see the results in our lifetime or certainly for a certain salary necessitates additional dilution. Where is our board?

All-
As is clear the turn of events has been difficult for all including the over-compensated POQ. Under the latest circumstances and given the missed opportunities to help ourselves and with our back to the wall, POQ has pulled off a decent deal, which if nothing else shows us Origin believes Beetaloo to be a winner. So, POQ will pat himself on the back and keep his salary for awhile, never thinking he should chop his salary as a show of faith to his shareholders and equally important, realize he overpaid. If his options workout he will be fairly compensated.

While this agreement dilutes our interest in the Beetaloo, it is reasonable under the circumstances. While we missed a great golden opportunity long ago, this deal shows the indicated strength of Beetaloo geology. If this works out as I am hoping, he will do well and hopefully investors will do okay. I have now been in this for 10 years and 2 weeks, as have several of you. 98% of the time has been miserable, but "no pain, no gain". Best to all of you. POODS

All-

Certainly a nasty but not expected news release given the current state of events. If one wants to assume the best scientists in the world will figure out a vaccine before it's too late and Russia decides they are shooting themselves in the foot. Then we might see the price of energy adjust upward to the level Russia is not draining their cash reserves, which is about the mid-$30's. In that case we could restart drilling. In the meantime the open question to keep the CHAT going is whether POQ gets a raise, or sanity sets in and his salary is reduced by perhaps 50%? Fair question: what are you going to do Philip?

kmjliveson-

With you today as just purchased 150k shares at 7.41 US. Order filled in a nanosecond, so seller(s) still out there. 350k shares to go on this round........always hopefully. Poods

Origin,

Agree with you general sentiments, as the current price being even less than my long standing 10p target. I have put bid under the market on some days, hoping to catch some unusual / forced selling. Have not caught any shares yet but suspect my next 500k shares may come in unexpectedly. In any case, while certainly some things have changed since my last purchases, the encouraging geology and a good dose of patience hopefully will pay off. I suspect POQ is very happy not to feel he needs to speak during this waiting period.

NONE. SO, POQ MAKE ME LOOK BAD!!

THE ARTICLE YOU REFERENCE IS A JOKE IN OUR SITUATION. Poods

No need to visit with POQ because he does not listen and / or understand what 50+ years of investment experience has taught me. As I have mentioned in the old days I would made an effort to change things as I did many years ago, but too old to try and sense most shareholders are happy to chat and hold.

I have felt for years POQ should be entitled to a salary in the $200-300k range, given the generous option structure he has. At $600-700k, his options should be no more than 20% of his current options. Thanks for your comment. Poods

This is a garbage research similar to trick photography. A credible photograph of FOG currently is, a miniscule company spending too much on management while fortunately owning an interest in a potentially lucrative gas play in Australia.

tda4falcon-

The seller is still present; therefore, the ease in buying. When they are finished, the shares will act more as you would expect, as market equilibrium returns. POODS

WW-

Appreciate your continued excellent input. Of course time will tell the answer, but based on a number of things, I added 100,000 shares of FOG this morning, bringing me up to 2.5 million. Don't know where we go from here, but promised to tell the board when I completed this 500,000 shares add. Don't think POQ has bought a share? Correct me if I am wrong.

WW-

Too late to do anything,, but wanted you to know the FACTS. Thanks

WW-

Appreciate your explanation, but would make a single additional comment regarding POQ and the R/S matter. Whether it was or was not going to be beneficial, which neither of us could prove until it in fact happened, I will repeat the reason for persistence, which some friends and others, say should be my middle name, is POQ never told shareholders what I believe is the real reason for not recommending it, is the fact FOG did not meet the financial requirements, instead of his excuse. Unfortunately, my efforts to find either via telephone or email, a person at one of several regulatory agencies in Canada, has not resulting in anyone even understanding the question. POQ on the otherwise knows the answer, but refuses to tell at least me the answer, as it might reflect poorly on him, which is unfortunate itself, as if our balance sheet is underfunded, it not his fault totally. That said, if in fact we are / were underfunded and when I initially asked FOG was ~30p, the opportunity to refresh the balance sheet was lost. Ask him the question about the requirements etal, as he never would answer the question and is the reason he stopped speaking to me. If I had been on his board and heard from a shareholders what I just explained, I would told POQ, the right response was to acknowledge the request by answering the question any shareholder could have asked. Think that about completes it on my end. You ask him!