this is what i'm waiting for, page-42

waiting waiting
the seychelles first farm-out may have been 'encouraged'by petroseychelles.that aside the farm-out has been going for 20 weeks/almost 5 months.as stated before there will be no disclosure of the negotiations until the deal is SIGNED with all the parameters covered.
in essence a TRADING HALT would be initiated.then the details of 'A' a deal or 'B'no deal concluded as that would be price sensitive if no-one was in negotiations.
only $20-$25 mil to drill a hole in the seychelles,and now with the wildcard palta starting late and having serious problems WHN are drifting closer to 'time out'.
i still say that the size of AFRENS 3D 3375SQKLS is a clear indication of the opportunity that they perceive in the prospects they hold.

la bella has had offers that have been considered below par for the independently assessed reserves/area of prospects.

for all of the above management are trying to secure a fair deal for the asset/potential.BUT. YES BUT the truth is WHN are a copper penny stock and should try to build their strength slowly by bending with the wind early in its negotiations to generate security of finances against time lapse.

the point of equilibrium must suit the present moment.

wg