when, page-14

yeah... it is a funny market, but whn has its projects effectively financed... ok, if la bella gets drilled i dont know how they gonna get cash for that... but they might divest further to 15% or so, or perhaps even sell the project in order to get a new project up to farmout level or so... the seychelles stuff is effectively financed till end of drill result, as long as there is no horrendous stuff to come out of the 3D seismic just being done... so todays market cap is rather low when one considers that whn does not really have a need for further cash for at least another year, during which time some chunky real results of projects will come thru...