Ann: Successful Montney Re-testing Program Supports Next Stage, page-34

Deal Montney is the game plan. Management are legit. Blackspur was private until the merger so they know pain and are not at the pigs trough like so many on the asx. Montney is the goose and Blackspur ($200m sunk costs pre merger) nor Calima long term holders will discount it imho. Calima has a long history as far back as expensive dusters in Cote d'ivoire as another company name. Ce1 is their payday and they will fight for fair market. Now an agressive takeover is another story and it would be nice to see the sp higher. Price is moving sideways on low volume so someone is chipping away. Waiting for breakout of 15c and you will get 20c and we are off. It is a tough game so my opinion only but the oil side of the business is low risk, the drill always find oil. This Montney work is critical and the hardest is over following positive testing.