mean un-risked resource potential to date, page-63

Jeffo

Good points and no offence taken!

I paraphrased them back on iii just to put the SPP in perspective.

Dont know how much ground Eve covered last week in London but it would be useful if Tangiers could get some more coverage on Proactive Investors - both in UK and Oz as well as Oil Voice.

If the sp heads closer past the 40c resistance early this week and upwards towards 50c, I think it will put pressure on the aim price as the differential is already 10% which is not unusual but not likely to climb much above this figure IMO.

Aim isnt exactly in love with small cap oilies at present - too many pi's and institutions badly burnt from duster drills this year, plus the general risk off climate in europe. Its becoming very hard for these small companies to raise finance for drilling and whilst everyone now wants a farm out, only the best COS will get buy in from Big Oil.

Griz