Ann: Charlie-1 Confirms Large Condensate Discovery, page-58

Got to expect 50% to 60% fall today.

Do you sell at those prices ? or do you wait ?

88E has cash, no fund raise needed.

HRZ shale coring results around July. That if good is worth considerable upside with a farm out. It was the biggest target in value terms of this drill - and why I will hold.

Condensate results likely around July as well (Exxon may be interested if the size is large enough and gas/liquid ratio good, they are the big gas/condensate players in Alaska)

Yukon Gold farm out news with a drill coming in around 10 months time.

Lima prospects still in play.

So plenty of things that could push the price back upwards in the months ahead. Each to their own decision to sell or not.

Personally I will wait. At worst its 10 months to the next drill (Yukon) and there is potential in both the HRZ shale news July and Condensate news (probably July as well).So near and yet so far.......

Good luck all, it was a binary play thats now fallen in the middle of the two binary outcomes.