Ann: Funding Update - US$300 Million for USA Project, page-122

So what are you saying? You don't believe the prospects exist or you don't believe the financing?

It what a good find what you posted on Lekoil yesterday and I'll admit it certainly made me feel a bit more uneasy, I do have a bit more comfort that Tangier is a registered US company and not a registered Bahamas company like Lekoil dealt with.

There was a scandal like this a couple of years back, I can't remember the company name but I was given a tip by a mate but didn't feel right about it and didn't invest, then it turns out that their projects didn't even exist. Is that what you are insinuating or are your issues with Tangier and their financing?