back end of april .update??, page-2

Here's hoping you get your birthday wish WG?

Whilst its unhelpful to play the "what will our share price be" game around certain precedents ( made an ass of myself in the past with that chestnut) a JV in our case has to be an absolute game changer.

A solid JV WILL validate our Seychelles assets which are, after all, the true "essence" of WHL energy.

With the increased balance sheet and a clear plan for exploration on the table we MUST get a re-rate.

We were trading at 6.5 cents and our options which had a strike of 7.5 cents and 7 months till expiry were trading at nearly 3 cents the last time we looked close to farm out In late 2011.

I corresponded recently with David Rowbottam and he reiterated Steve Noskes BRR statements.

Also - (condensed)
The (proposed) partner has met with the Seychelles Govt and is completing their internal due diligence as expected for a company who operates in so many countries with such a large share register...

Anyway, I put my money where my mouth is again today and mopped up the bulk of WHNOA traded to add to the WHNOA I took up in the 1 for 4 offer.

I didn't do it to lose. Not the second time around.


GLTA. Especially the loyal troops!