Ann: Accelerated Non-Renounceable Entitlement Offer, page-43

I believe the existing wells from which AJQ is producing are to have the minor zones (currently not producing) fractured. This will serve to increase the production and reserves without the major expense of drilling new wells. LKO holds adjacent leases in proven ground that I believe will be acted upon as soon as the Victorian decision is handed down. Also I don't think the average investor is truly aware of the enormous benefit of the pipeline infrastructure in place. For mine the management of this company is superb.