cap raising, page-3

i've said it before that i think they are being a bit aggressive and too dilutive. two blocks is enough - great job in morocco, ride it and now focus on gabon commitments. no need to go and sign on for more expenditure at this vulnerable phase of the companies life. But on the flipside, diversification is a good thing.

I suppose even around 100-120million shares on issue is still pretty good leading up to a billion barrel prospect being drilled.

can't really complain but the dream of having a tight register during run-up to spud (let alone potential success!) is fading fast.