company announcement-, page-4

Correct Fred

I have bought 20,000 this morning averaging $2.32

I see some positives amongst the distress

1. Our oil is 80 miles out at sea and Mauritania only have a small harbour boat

2. They can't nationalise what isn't there yet

3. The old regime was just waiting to fall and now its out of the way

4. The new regime have planned everything exceptionally well shows intelligence and competency

5. New regime is headed by head of security so hopefully not a radical himself

6. The new regime have pledged to honour all existing overseas contracts

7. The new regime need the oil money and already own a fair share of the wells

8. All those HDR speculators who have been hanging out for another few cents have most likely already sold into stronger hands which should enable the SP to reach new highs once this settles down

9. Sotto is still going ahead and will be announced once the selling frenzy is over.

All dont you think?