Cody Walpole (Thomas, E.T.), a plucky 14-year old orphan living in Australian, embarks on the adventure of a lifetime when he discovers an eerie pond believed to be the home of the legendary creature known as the "Donkegin." Using all the courage a young orphan can muster, Cody determines to get to the bottom of the legend, a journey that brings him face to face with a frightening truth.