time to fully digest todays announcement, page-23

Charl,

I am one of those people that give credit when they are deserved and though Sentia presented some very good factual information, there have been many delays and in my opinion FP has been poorly carried out. In my opinion, its likely that, whether under Pass' control/guidance or not, VIL has transformed from an investment company into and oil and gas company - in that manner, they will get the experience on board to now take control of the project.

Now that may sound very politician like (changing my opinion), however I stated that from my first impression that VIL will take control of this project. Things could have been done a lot more quickly than they have been; thus an operational change is inevitable imo to the majority owner.

Furthermore, in terms of completion of the well, considering the speed and results to date GGP has seem to have put FP at the back of there books and decided to focus on other projects - one to name, silverwood. Needless to say, Im not here today to talk about GGP's initiative and their projects at stake - im merely sharing my opinion, and other can agree/disagree, that VIL and Pass see a lot more potential in Faussee Point than GGP. Now with the cashflow in place VIL/Pass can make this work. The subsiduary is in place in the U.S to take control of the project - please go back to prior end of year reports.

Overall,