where are those tranche 2 funds, page-15

DB...the monkey dropped the crystal ball and broke it...I suspect deliberately....there is no real bullish indication and one needs to bear in mind that the SP has hit a low not seen since Dec2009. Except for the 300K sale a few days ago[a fairly sizeable dump] I suspect holders consider their O's as a bonus and are willing to sit on them. That's why there is very little trade volume and they are relatively il-liquid. The way I read it, the GT has to be modified and I've got no idea why this is going to take till November when the contract is supposedly subject to technical approval at that time...the whole story just seems a bit ODD....They are between a rock anna hard place in procuring and holding drilling staff when the rig's not working...just more "cash-burn"....am considering sacking the monkey and employing a psychic who can do "remote viewing" so we all can find out what REALLY is going on.....L :O)