matanda, page-35

Trent,

We don't know what is happening behind the scenes between CityView and Cameroon.

As I've said before, if you lack faith in the management, you should not hold - you and 123 have lost that faith and in that situation it's good that you sold out.

There are issues, delays and problems that have been encountered and in some cases caused by management, however these are not insurmountable.

Mantada will most likely not come to fruition, however there may well be conferences that we don't know about (nor should we) that include Niger Delta.

I choose to take the information given by the company at a level of face value. We are not in West Africa, and are not doing business there. There is a lot of competition.

If the company manages to pull home half of what they hope to, IMO the shareprice will move much higher than 39 cents.

Research is great, but it is not going to tell you all the market sensitive info of what is happening in the boiler room; it can just raise questions.

You are right to answer the questions and it all comes back to "do you trust management". Again, if you don't you shouldn't be in the share.

All the best.