pre-open, page-62

Very impressed with that reply. Much more comprehensive than I was expecting.

Good to see the CAnadian Stock exchange listing was oversubscribed by almost double what they were hoping to acheive.

Also good that they have dealt with the CR issues. I would expect they would raise money only after the first well has been drilled and contingent upon us hitting pay dirt given we are free carried and the SP will spike/rise on confirmation of oil shows.

I would HOPE that they don't do a CR for any prospective acquisitions at this stage and take things one step at a time. While it would be good not to be a one trick pony, I'd only be happy with a BCC type acquisition where they are entering old grounds which have previous proven reserves and are now neglected by the majors.

Well done on the reply in any case BKP.