Ann: Yellow Rose - A Successful Discovery , page-95

Spawk,

Well it said "includes but is not limited to the following options" so maybe p&a is possible? hehe

Gerkin,

Do you really think they will go into more debt?

James holds tons of shares - he doesn't want them diluted. But he must really hate those convertible notes?

What about options - they haven't had them for a while? Remember the last ones (AYOO)- 2c - went all the way to 90+c and back to zero? They may represent a better risk/reward scenario than debt (for co and shareholder)?

Or will they just produce from the Edwards in this first well which will finance the next well (next quarter) and so on? How much of a hurry are they in to develop this field?
I guess we'll know next week?

I keep going back to the previous announcement with the undiscounted per share values of different recoveries......crazy numbers!!!!

Bye for now,
Whippet