12c open tomorrow, page-23

Hi Badjelly,


If you study the maps/diagram included in the report you will see how EL 47/882 fits into EL 47/1306

The latter being the joint venture lease with a big identified resource on it. Look at the continuation of the geography and geology!

Yes the resource on 47/882 is not proven in any sense of the word. But I spoke to a representative from the company who has been there and seen it - considers the estimates of potential conservative!

Don't like it - don't buy it!


Cheers

cb25