Ann: Rights Issue Update, page-39

Well I have taken up the rights issue . I am of the view that given the model is now an oil production / income model and that the Company is in the process of acquiring oil producing assets and intend to increase cashflow moving into the end of 2018 and early 2019 it should reflect in the SP in due course IMO .

Given its earlier history it will take time but they seem to be on the right track. It’s coming off a very low base so worth considering here IMO and if they deliver on the announcements and the production cashflow and profit then IMO in due course it will indeed reflect on the SP in a positive way .