Ann: Change in substantial holding, page-23

i agree, its hard to put a figure on Judith. You are right in that any deal will likely be an upfront deposit, possibly equal to the current MC, followed by a royalty system, which, in the O&G space, is usually something like a 25 year term, so, it would be a lucrative annuity type thing. This is the type of objective alluded to by the board when rejecting the first offer. Such a deal will lay the foundation for growth, with a regular income stream to cover admin etc. Growth could then be pushed with little risk of dilution. Not forgetting too, the appointment of Malcolm King, which surely points to an upcoming phase of expansion
Yeah, we are on the cusp of a major move i feel. The quarterly wont have much in it, as it relates to last quarter, prior to the board change. However, i'll be interested to see what commentary is added.

we await!