agm presentation, page-4

Hey Cosmos ...

MHL have their chests out and ready to play ... They've hit - what appears to be a production well in their first attempt ( not bad ) .. they only had enough $$$ to drill the holes ( as BB and other kindly pointed out ) and not to extract the oil from the ground .. not to mention the supraise farm in to PEL 110 - which they now may want to fats track perhaps ?

Even if they do a cap raise at .5 or even higher as sme posters have noted ... then I dont think it will be a painful hit to the SP - like in the olds days ....

ALDYOR ..

Enjoy the ride !