s/p projections, page-26

Janti, let me reverse your question.

If the lease has had two successful wells drilled into it, how did AWD get their hands on it? Why did a local mob not take it up? Does AWD bring any kind of specialist experience to the mix? No. Did they have the upfront cash to get things moving quickly? No. Do they any kind of competitive edge? No.

So why/how did they secure it?

I'm not saying it's going to be a duster. I'm just questioning the value of it.

The delay in funding says it all.