the future....., page-14

i spoke to Hawkley today as well. May be some rehash with the previous conversion but this what we discussed.

At the moment there is no rush to increase the choke on well 201, they are happy with the current flow rates and a life of 15 years.

They seemed a bit disappointed and shocked to see the share price fall so far, but understand the market is falling at the moment and they are a junior.

With the placement and priority the main focus was the 15 million which i secured, they wanted to give the shareholders the same opportunity, but understand it is currently unlikely to be taken up at the current share price.

It was mentioned any shortfall in the placement may be taken up by the directors.

Overall they are happy with how the projects are progressing and everything is running smoothly with no problems.

They are quite approachable and happy to discuss if you have questions.