farm out

looking back at "that" email from gander:

"oil has shown some sign of strength in recent weeks and this has flushed out some parties that have been trying to pick the bottom of the market before commtting to farm ins. If you can show the market you have a way forward then a quick re rating is there - see the recent share price rallies of both ADX and KIK on the back of farmout announcements."

given that he also stated that it was the preferred option over a cap raising, hopefully we might see that announcement very soon, considering it is now 2 weeks since he chose to buy those 13million options.