Ann: Funding Update, page-41

Disagree. It reflects the current POO and absolutley nothing else. If you cant make a profit selling the only thing you exist to sell, your SP gets punished. As per my previous post, if we were at $100 a barrel, the $40 mill would have waltzed in, and we'd be arguing the toss about whether they'd want to risk it, or how much of it, on Pathfinder. That whole question now gets kicked into next year, and this money stays where the production is.

Remember, 30 seconds ago they'd agreed on terms for the $40mill. I suspect even with current 1P it might have crossed the line, but not at $78 barrel.