Ann: Appendix 3Y NY, page-43

People are confusing size of potential resource being mapped with ability to actually get the stuff out of the ground commercially.

Nothing wrong with the potential and mapping mentioned.

Critical thinking skills people.

TMK hardly floundering given their 3rd pilot well now started and testing yet to commence. One might add KKO in South Africa has been keen to drill new areas for gas potential but very slow to test for commerciality......the truth teller.

Watching these plays like a hawke, and being ready to pounce once commerciality demonstrated probably the way to go with only light exposure before such is proven is my suggestion for risk management but what do I know.