oppies, page-18

tcf

No businessman would pay 20c on his options when the SP at 8c. If anything one would question why if he had done so. Anyone who thinks directors should have has got rocks in their head.

When the time comes when they vote themselves more director options in future, i will be voting against it.

They did have a chance (small be it) of getting the options in the money at the time of them deciding to cease drilling deeper and was worth a punt.

Everyone's an expert picker after the fact.

Tuesday - is pretty much the last day for the company to announce testing underway to have at least 1 zone tested with results before or on Friday. Sadly it dont look like happening for GDNO holders and more importantly for the company.

Need to start looking at it all in a different light now, seeing as 150 million shares look like not being added to the share registry.

400 Million shares instead of 550 Million shares.

If we are commercial and we bring P2 and P1 online, debt funding will be used.

Either way, we still need a start date for testing - THATS THE BEGINNING OF THE STORY.