t.h., page-17

RI takes time. I doubt it.

Material CR means big CR, not just a little $1mil or $2mil to tie us over. Full 15% maybe?

I guess they could delay the september spud slightly and just manage a RI, but it would be tight and leave little margin for error with the drilling and not give much time if the RI was a failure.

Maybe CR followed by farmin?

Westhouse valuation 22c-15% dilution -30% farmin?

If only someone had thought to discuss the possibility of shorting this one a few days ago. It might have been worthwhile discussion.

Goodluck and lets hope for above 3.5c