Ann: Cape Energy Update , page-8

Hi EVO.

No guarantees. Just a hunch.

1. Mention was made verbally at the AGM that management was well underway to organising a drilling program for 2009.

2. A friend who has very close links to the LKO company seemed very upbeat about Q1-2 2009 with similar comments to those at the AGM (can't say too much more on that one).

3. Rob Annells suddenly transfers 41m shares into an indirect account.

As I said, no proof but gut instincts tell me that action is happening at management level behind the scenes.

Remember that I hold plenty of LKO and am still accumulating, so am no doubt biased...