stops triggered on popular newsletter, page-28

Problem now is capital expenditure
4.3m at bank will not go far
We have a little wait to get permits plus cost to put holes out
At best before cap raising one more hole can be in
But then that is cutting it thin
Still with fed permits find asset to be attractive but find a company needing capital in a downward reprising market - might get uglier before gets better
Left with a small parcel almost free carried
Hopeful but odds are stacked

I think I was one of the first who raised the suss trades with people in the know

Had spoken to Morgan on several occasions and he did not instill any confidence
Ben has always been guarded
Better pastures to seek in paradox basin Rdm good example
No confidence in this management and will use my capital only if reasons are compelling

As always good luck to all who seek their fortune with pok