Ann: Yellow Rose - A Successful Discovery , page-81

Hi Gerkin,

So do you think we'll see some kind of share purchase plan?

I think they would prefer equity funding rather than debt.

I'm hoping that those annoying convertible notes may actually be converted to shares : ) $2 isn't that far away?

I agree with you re takeover possibilities........they were unusually full of info on the potential of this field in that last announcement......the US oil and gas market is extremely competitive......they are aware of this..........seems they were quite happy for all and sundry to know what they have here?

And if they can expand their land position, that will just add to the potential reserves.

Do you know if they're planning to complete this first well for production or are they going to wait until the field plan is complete?

Regards,
Whippet