Ann: Alameda-3 Drilling Update, page-124

I am an optiminst. But I am also a realist, and reality is telling me that we - collectively - have already "filled up the truck". Punters are limit long. What we need now is day traders and instos to enter. And realistically, I can't see instos coming on board until after McDaniels finalise the A2 report and there are more concrete plans regarding field development (including financing proposals, in whatever form that takes). As for day-traders - the volume is pathetically low at the moment and I can't see them coming on board until we start seeing log results out of Marti. So could be another 4-6 weeks until that happens. So the "truck" is parked at the moment with the handbrake solidly on.

Kit